Use the following information to answer the given question
N Stock of raw materials – 1st January, 2002460,000 Purchases of raw materials1,000,000 Carriage inwards100,000 Stock of raw materials – 31st December, 2002500,000 Royal paid35,000 Manufacturing wages80,000 Supervisor’s salary15,000
The prime cost is
A N1,175,000
B N1,140,000
C 1,075,000
D N1,060,000
Answer is A
