The cost of raw materials consumed is determined in the M...
The cost of raw materials consumed is determined in the Manufacturing Account as
Opening stock plus purchases less closing stock
Purchases plus closing stock less opening stock
Cost of materials available plus closing stock
Cost of materials available less opening stock
Correct answer is A
No explanation has been provided for this answer.
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Manufacturing account is prepared to ascertain ...
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\(\begin{array}{c|c} & & ₦ \\ \hline \text{capital accounts:} & Ojo & 40,000 \\ &a...