Calculate the cost of raw materials consumed?
Given:
Stock of raw materials 1/40…………N11 150
Purchases of raw materials………….N112 550
Raw material returned………………N31 150
Stock of Raw materials 31/12/04……..N27 150
Calculate the cost of raw materials consumed?
A N156 000
B N38 300
C N183 150
D N66 550
Answer is D
Tag:2006 Jamb Accounting, Jamb, Jamb 2006 accounting questions and answers, Jamb 2006 financial accounting questions and answers, Jamb Accounting, Jamb accounting past questions, Jamb accounting past questions and answers, Jamb Accounts, Jamb financial accounting, Jamb financial accounting questions and answers, Jamb past questions and answers on accounting, Jamb past questions and answers on financial accounting, Joint Admissions and Matriculation Board
