Given: Prime cost N220,000 Factory cost N32,000 work in progress at beginning N25,000 work in...

FINANCIAL
JAMB 1995

Given: Prime cost N220,000

Factory cost N32,000

work in progress at beginning N25,000 work in progress at close N19,000 Administrative expenses N21,000 Determine the production cost

  • A. N296,000
  • B. N277,000
  • C. N258,000
  • D. N246,000

Correct Answer: C. N258,000



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