Accounting WAEC

The cost of raw materials consumed is determined in the Manufacturing Account as?
The cost of raw materials consumed is determined in the Manufacturing Account as?The cost of raw materials consumed is determined in the Manufacturing Account as?

A. opening stock plus purchases less closing stock
B. purchases plus closing stock less opening stock
C. cost of materials available plus closing stock
D. cost of materials available less opening stock

Correct Answer: Option A

A. opening stock plus purchases less closing stock

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