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
Tag:2003 Jamb Accounting, Jamb, Jamb 2003 accounting questions and answers, Jamb 2003 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
