Use the information to answer the given questio... - WAEC Accounting 2006 Question
Use the information to answer the given question.
\(\begin{array}{c|c} & D\ \text{Opening stock: raw materials} & 10,000\ \text{work-in-progress} & 16,000\ \text{Purchases of raw materials} & 95,000\ \text{Direct labour wages paid} & 13,500\ \text{Royalties paid} & 6,200\ \text{Accrued wages} & 2,800\ \text{Closing stock: raw materials} & 7,500\ \text{work in progress} & 8,500\ \text{Manufacturing overhead} & 10,000\end{array}\)
Cost of raw materials consumed is
\(\begin{array}{c|c} & D\ \text{Opening stock: raw materials} & 10,000\ \text{work-in-progress} & 16,000\ \text{Purchases of raw materials} & 95,000\ \text{Direct labour wages paid} & 13,500\ \text{Royalties paid} & 6,200\ \text{Accrued wages} & 2,800\ \text{Closing stock: raw materials} & 7,500\ \text{work in progress} & 8,500\ \text{Manufacturing overhead} & 10,000\end{array}\)
Cost of raw materials consumed is
A
D113,000
B
D105,500
C
D98,000
D
D95,500
correct option: c
Please share this, thanks:
Add your answer
No responses