Use the information below to answer questions .Stock of material 1/1..............₦10 000 Purchase of raw material...........₦160 000 Manufacturing wages......

Assessment: JAMB UTME - Principles of Accounts - 2008 Subject: Financial Accounting

Question 1 Report

Use the information below to answer questions .Stock of material 1/1..............₦10 000

Purchase of raw material...........₦160 000

Manufacturing wages................₦420 000

Royalties..........................₦3 000

Stock of raw materials 31/12.......₦14 000What is the cost of raw materials consumed?

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