Given:
Stock at the start:
Raw materials…………….N57 000
Work-in-progress………….N42 000
Finished goods……………N71 000
Stock at the start:
Raw materials…………….N57 000
Work-in-progress………….N42 000
Finished goods……………N71 000
Purchase of raw materials amount to N81 000, direct labour is N38 000 and factory overhead N29 000.
Calculate the prime cost?
- A.
N176 000 - B.
N170 000 - C.
N167 000 - D.
N156 000