The cost of raw materials available for production is?

Use the following information to answer questions below

A. Le 372,000
B. Le 932,000
C. Le 947,000
D. Le 402,000

Correct Answer:

Option B – Le 932,000

Explanation

Cost of raw materials available = Opening stock of raw materials + Purchases of raw materials – returns of raw materials
= 822,00 + 125,000 + 15,000
= 932,000