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The cost of raw materials consumed is

Accounts - Principles of Accounts
JAMB 2025

The cost of raw materials consumed is

  • A. #43,500
  • B. #45,500
  • C. #45,000
  • D. #53,000
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Correct Answer: Option A
Explanation

Cost of raw materials consumed = Opening stock + Purchases − Closing stock
= 8,000 + 45,000 − 9,500 = ₦43,500.

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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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