Use the following information to answer the questions below
A manufacturing company’s cost of production was D 200,000. The finished goods were transferred to the warehouse at D 220,000. At the end of the year, 9% of these goods were still in stock.
A. D37,800
B. D 20,000
C. D19,800
D. D 18,000.
Correct Answer:
Option C = D19,800