$\begin{array}{c|c} & & ₦\\ \hline \text{Raw materials} & \text{stock 1/1/2000} & 4,500 \\ & purchases & 30,000\\ & \text{stock 31/12/2000} & 6,000\\ \text{Wages: direct} & & 34.200\\ indirect & & 10,800\\ \text{factory expenses: rent} & & 18,000\\ insurance & & 3,000\\ \text{work-in-progress: 1/1/2000} & & 3,750\\ \text{31/12/2000} & & 6,750\end{array}$

The prime cost is

Similar Questions

Which of the following is debited to partner's current account? ...

In the preparation of statement of profit, if the opening capital is greater than closing capital, t...

Which of the following accounts belongs to the private ledger? ...

Badge Plc issued 450,000 ordeinary shares of 50k each at N1.50 per share  Application and allo...

XYZ Enterprises bought ABC Enterprises by issuing 30,000 ordinary shares of N1 each at a discount of...

The Current account above had some errors in the arrangement of the accounts for Musa, Kalu and Lawa...

Which of the following is found in the general ledger? ...

Trading Account (Extract) .................N.............................N...... Opening stock.....

Use the following information to answer the given question MANUFACTURING AND TRADING ACCOUNTS ...

Credit sales were debited to A. Akpan instead of B. Akpan. This is an error of ...