₦ |
|
Manufacturing wages |
42,000 |
Factory rent |
880 |
Raw materials: Stock 1/1/16 |
1,000 |
Purchases |
16,000 |
Stock 31/12/16 |
1,400 |
Depreciation of Plants and Machinery |
800 |
Royalties |
300 |
Indirect wages |
18,000 |
General indirect expenses |
620 |
What is the value of the indirect manufacturing cost?
₦57,900
₦18,200
₦20,300
₦23,000
Correct answer is C
Indirect cost = 880 + 800 + 18000 + 620
= ₦20,300
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