Materials consumed……………….N16,600
Direct cost……………………..N5,400
Factory rent…………………….N2,300
Factory lighting…………………N1,200
Cost of production to be transferred at cost plus 20% mark-up.
A. N6,120
B. N6,100
C. N5,100
D. N5,000
Correct Answer:
Option C – N5,100