Given: Stock at start: Raw materials................₦57 000 Work-in-progress.............₦42 000 Finished goods...............₦71 000 Purchase of raw materi...
Question 1 Report
Given:
Stock at start:
Raw materials................₦57 000
Work-in-progress.............₦42 000
Finished goods...............₦71 000
Purchase of raw materials amount to ₦81 000, direct labour is ₦38 000 and factory overhead ₦29 000.
Calculate the prime cost?
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