Given:
Stock at start:
Raw materials................N57,000
Work-in-progress.............N42,000
Finished goods...............N71,000

Purchase of raw materials amount to N81,000, direct labour is N38,000 and factory overhead N29,000.

Calculate the prime cost?

Similar Questions

X and Y are two departments that are to share 50% of all joint costs equally and the balance in rati...

The double entry in the books to write off goodwill is ...

A provision for bad debt account had N33,800 at the beginning of the year and N4,220 at the close of...

A document which acknowledge that a company owes a person a stated sum of money with an agreement to...

The authority of the Accountant General to disburse from government fund is called ...

\(\begin{array}{c|c} & Le \\ \hline \\ \text{Fines} & 20,000\\ \text{Market rates} & 120...

Sobande Incorporation acquired a machine that involved the following expenditures and related factor...

The principle use of control accounts is to ...

The transactions of All Girls' Social Club for the year 2021 are as follows: Bar sales D 30,0...

Trade discounts are given for ...