₦ Manufacturing wages 42000 Factory rent 880 Raw materials: Stock 1/1/16 1000 Purchases 16000 Stock 31/12/16 1400 Depreciation of Plants and Machinery 800 R...

Assessment: JAMB UTME - Principles of Accounts - 2023 Subject: Financial Accounting

Question 1 Report

Manufacturing wages 42000
Factory rent 880
Raw materials: Stock 1/1/16 1000
Purchases 16000
Stock 31/12/16 1400
Depreciation of Plants and Machinery 800
Royalties 300
Indirect wages 18,000
General indirect expenses 620

The prime cost is

Download The App On Google Playstore

Everything you need to excel in JAMB, WAEC & NECO

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
Thousands of JAMB, WAEC & NECO Past Questions
Over 1200 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning