Given Stock of raw materials 1 40 N11 150 Purch... - JAMB Accounting 2006 Question
Given:
Stock of raw materials 1/40............N11 150
Purchases of raw materials.............N112 550
Raw material returned..................N31 150
Stock of Raw materials 31/12/04........N27 150
Calculate the cost of raw materials consumed?
Stock of raw materials 1/40............N11 150
Purchases of raw materials.............N112 550
Raw material returned..................N31 150
Stock of Raw materials 31/12/04........N27 150
Calculate the cost of raw materials consumed?
A
N156 000
B
N38 300
C
N183 150
D
N66 550
correct option: d
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