Purchase of raw materials - #330,000 Closing stock of raw materials - #80,000 Direct wages - #30,000 Carriages of raw materials - #10,000 Determine the prime cost

Purchase of raw materials - #330,000

Closing stock of raw materials - #80,000

Direct wages - #30,000

Carriages of raw materials - #10,000

Determine the prime cost

A #525,000
B #515,000
C #465,000
D #370,000

jamb 2013 accounting

The correct answer is D. #370,000

330,000 + 30000 + 10,000 = 370,000

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