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 raw materials consumed is?
A. D113,000
B. D105,500
C. D98,000
D. D95,500
Correct Answer: Option C
C. D98,000
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
300 Level Department of Accountancy exam questions and detailed answers. Download the answers in document format.…
