Calculate the cost of raw materials used.

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.

Options

A) ₦495,000

B) ₦415,000

C) ₦335,000 >>>>>>>>>

D) ₦305,000

The correct answer is C.

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