Accounting WAEC

Cost of goods manufactured is?

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

Sunday

Recent Posts

OOU JUPEB Admission For Agricultural Extension

Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Agricultural Economics

Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Cooperative and Business Management

Do you want to study Cooperative and Business Management in OOU? Before you apply for…

11 months ago

OOU JUPEB Admission For Home and Hotel Management

Do you want to study Home and Hotel Management in OOU? Before you apply for…

11 months ago

OOU JUPEB Admission For Animal Production

Do you want to study Animal Production in OOU? Before you apply for the OOU…

11 months ago

OOU JUPEB Admission For Crop Production

Do you want to study Crop Production in OOU? Before you apply for the OOU…

11 months ago