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 |
Prime cost is?
A. D120,500
B. 117,700
C. D114,900
D. D114,300
Correct Answer: Option B
B. 117,700
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…