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:Calculate the cost of raw materials used?An advantage of FIFO method of stock valuation is that?Calculate the closing stock under FIFO method?What is the cost of raw materials consumed?Cost of raw materials consumed is?