The value of the closing stock of finished goods in the trading account is?

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