Use the information to answer the given question.
D | |
Opening stock: raw materials | 10,000 |
work-in-progress | 16,000 |
Purchases of raw materials | 95,000 |
Direct labour wages paid | 13,500 |
Royalties paid | 6,200 |
Accrued wages | 2,800 |
Closing stock: raw materials | 7,500 |
work in progress | 8,500 |
Manufacturing overhead | 10,000 |
Cost of goods manufactured is?
A. D138,000
B. D131,800
C. D130,500
D. D123,500
Correct Answer: Option A
A. D138,000
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