\(\begin{array}{c|c} & N \\ \hline \text{Opening stoc...
NOpening stock of Raw Materials5,800Closing stock of Raw Materials4,500Raw material purchased19,000Carriage outwards1,300Direct labour4,000Electricity(Factory)2,500Supervisor's salary5,500Depreciation of Plant1,500Sales58,000Closing stock(Finished Goods)4,500Administrative expenses5,500selling and Distribution Expenses3,000
His gross profit
N33,800
N28,700
N28,300
N18,900
Correct answer is B
No explanation has been provided for this answer.
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