Based on the FIFO method of valuation the total cost of the raw materials issued is? by Sunday | Dec 7 | Accounting JAMB | 0 comments A. N150 B. N160 C. N240 D. N250 Correct Answer: Option C – N240 Users Also Read These:The cost of raw materials consumed is determined in…Cost of raw materials consumed is?An advantage of FIFO method of stock valuation is that?What is the cost of raw materials consumed?Cost of raw materials consumed is?