$\begin{array}{c|c} & N \\ \hline \text{Opening stock:} & \\ \text{- raw materials} & 6,500 \\ \text{-work-in-progress} & 2,500 \\ \text{Closing Stock:} & \\ \text{- raw materials} & 4,000 \\ \text{-work-in-progress} & 1,000 \\ \text{Purchases of raw materials} & 12,500 \\ \text{Manufacturing wages} & 2,000 \\ \text{Factory rent} & 500\end{array}$

What is the prime cost?

Similar Questions

The document prepared by the buyer and sent to the seller listing the items to be supplied is ...

Use the following to answer the given question Creditors Control Account: \(\begin{array}{c|c}...

In a departmental accounting system, which of the following expenses will most likely be apportioned...

Calculate the discount received in Department B \(\begin{array}{c|c} & \text{Dept A} & \text...

Given: Cash book balance- #5000 Dishonored cheque- #1000 Direct credit - #800 Direct debit - #50...

The balance in a sales Ledger Counter Account indicates the ...

The amount by which assets exceed specific liabilities is called ...

A unit of company's capital which can be bought is ...

According to the provisions of the 1999 Constitution, all revenues generated by the Federal Governme...

Which of the following expenses constitutes prime cost?             &n...