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:Using the FIFO method; what is the value of the…Calculate the cost of raw materials used?Given that the total fixed cost is N1,000, total…The cost of raw materials consumed is determined in…In calculating the national income of a country X,…