Use the information below to answer questions .

Stock of material 1/1..............N10 000

Purchase of raw material...........N160 000

Manufacturing wages................N420 000

Royalties..........................N3 000

Stock of raw materials 31/12.......N14 000

Calculate the prime cost?

  • A N597000
  • B N579000
  • C N576000
  • D N5967000

The correct answer is B. N579000

No explanation given
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