The company consumed raw materials worth?

Use the information below to answer question .

………..PQ Manufacturing Company

Raw materials (1/11/2001)………..N3 500
Raw materials (31/12/2001)……….N4 900
Purchase of raw materials………..N56 000
Salary ………………………..N63 000
Wages………………………….N148 000
Factory lighting ……………….N3 080
Plant Depreciation………………N2 800
Factory Insurance ………………N2 170

The company consumed raw materials worth?

A N54 600

B N56 000

C N57 400

D 59 500

Answer is A

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