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
Answer is C
Tutors, Past Questions and Projects.
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
Answer is C