Direct labour……………….N50 000
Beginning work-in-progress……N4 000
Raw materials used…………..N18 000
Indirect labour……………..N4 000
Ending finished goods………..N16 000
Ending work-in-progress………N9 000
Factory supplies used………..N7 000
Selling expenses…………….N25 000
Beginning finished goods……..N21 000
Other factory overheads………N19 000
A. N50 000
B. N68 000
C. N70 000
D. N75 000
Correct Answer:
Option B – N68 000