Opening stock of raw materials - #75,000 Purchase of raw materials - #330,000 Closing stock
FINANCIAL
JAMB 2013
Opening stock of raw materials - #75,000 Purchase of raw materials - #330,000 Closing stock of raw materials - #80,000 Direct wages - #30,000 Carriages of raw materials - #10,000 Calculate the cost of raw materials used
- A. #495,000
- B. #415,000
- C. #325,000
- D. #305,000
Correct Answer: C. #325,000
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