Stock or raw materials(1st January) 3000 Direct wages 2500 Direct expenses 1000 Factory overheads 2000
FINANCIAL
JAMB 2002
Stock or raw materials(1st January) 3000
Direct wages 2500
Direct expenses 1000
Factory overheads 2000
Cost of raw materials used 5500
Stock of finished goods (31st December) 2000
The cost of goods manufactured is?
- A. N11000
- B. N12000
- C. N14000
- D. N9000
Correct Answer: A. N11000
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