Purchase of raw materials – #330,000
Closing stock of raw materials – #80,000
Direct wages – #30,000
Carriages of raw materials – #10,000
A. #525,000
B. #515,000
C. #465,000
D. #370,000
Correct Answer:
Option D – #370,000
Explanation
330,000 + 30000 + 10,000 = 370,000
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