| Stock of finished goods: Jan 1st Dec 31st Stock of Raw materials: Jan 1st Dec 31st Purchase of Raw Materials Manufacturing Wages Depreciation: Factory equipment Direct expenses Factory Fuel Carriage inwards on Raw Materials |
₦ 50,640 71,380 32,160 29,640 145,000 52,000 16,500 12,500 7,000 7,000 |
Cost of raw materials consumed is
₦53,000
₦150,000
₦152,120
₦148,120
Correct answer is C
| ₦ | ₦ | |
| Opening stock of raw materials Purchase of Raw material Carriage Inwards |
145,600 7000 |
32,160 |
less closing stock |
184,760 29,640 |
|
| Cost of Raw materials consumed | 155,120 |
The salary of a partner is usually debited to the? ...
A book of account that possesses the features of both day book and ledger is ...
In the not-for-profit-making organization, the excess of income over expenditure is? ...
Payment for shares in installments is done by means of ...
Use the following information to answer the given question \(\begin{array}{c|c} & ₦ \\ \h...
Determine the bank balance ...
An amount set aside to meet expenses whose value is not certain is a ...
The maximum level of cash held by by a cashier under an imprest system is a/an ...