Use the following information to answer the given questio...
Use the following information to answer the given question.
\(\begin{array}{c|c} & & N \\ \hline \text{Purchases:} & \text{raw materials} & 20,000 \\ & \text{finished goods} & 15,200 \\ \text{Stock 1/1/89:} & \text{ raw materials} & 3,000 \\ & \text{work-in-progress} & 2,500 \\ Wages: & direct & 22,800 \\ & indirect & 7,200 \\ \text{Factory expenses:} & electricity & 12,000 \\ & insurance & 2,000 \\ \text{Stock 31/12/89:} & \text{raw materials} & 4,000 \\ & \text{work-in-progress} & 4,500\end{array}\)
The prime cost is
N49,000
N45,800
N43,800
N41,800
N38,800
Correct answer is D
No explanation has been provided for this answer.
Which of the following is not found in the personal ledger? ...
A non-profit-making organization differs from a profit-making one in that? ...
The main advantage of a departmental account is that its ...
Where partners maintain a fluctuating capital account, partners' share of profit is credited to ...
Social Club Subscription (Extract) 31/12/2009 Subscription accrued #18,900 Subscription received...
Discounts granted branch customers are treated as a debit to branch? ...
The financial statement which is an expression of the accounting equation is the ...