Given:
Stock of raw materials 1/40............N11,150
Purchases of raw materials.............N112,550
Raw material returned...........N31,150
Stock of Raw materials 31/12/04........N27,150

Calculate the cost of raw materials consumed?

Similar Questions

Maimalari Ltd had (i) Earning per share 47k (ii) Dividend per share 30k  (iii) Par value of e...

Trade discount is ...

Use the following information to answer the given question. \(\begin{array}{c|c} & Ebrima &...

The expenditure on a good or services which is consumed either immediately or within a current accou...

N Net profit -------------------------17,460 Capital account: Taiwo--------50,000     &...

\(\begin{array}{c|c} & Baba & Tude\\ & N & N \\ \hline \text{Capital Accounts 1 Janu...

Where partners maintain a fluctuating capital account, partners' share of profit is credited to ...

Which of the following is a fictitious asset? ...

Date.............QTY. .....RATE........TOTAL ...............(Units).....N...........N January 2nd....

The term used to denote the capital of a not-for-profit making organization is ...