Determine the accumulated fund value?

Purchase:..Raw materials……………..N15 000
Finished goods………………………N11 400
Stock:….(1/7/01)Raw materials……….N2 250
Work-in-progress…………………….N1 875
Wages:…..Direct……………………N17 100
Indirect……………………………N5 400
Stock:…..(30/06/02)Raw materials…….N3 000
Work-in-progress…………………….N3 375

A. N9360
B. N6320
C. N4200
D. N3000

Correct Answer:

Option D – N3000