Question on: JAMB Accounting - 2008
Use the information below to answer questions .
Stock of material 1/1..............N10 000
Purchase of raw material...........N160 000
Manufacturing wages................N420 000
Royalties..........................N3 000
Stock of raw materials 31/12.......N14 000
Calculate the prime cost?
A
N597000
B
N579000
C
N576000
D
N5967000
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Correct Option: B
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