Accounts - Principles of Accounts
JAMB 1997
Emeka Manufacturing Company (Extract) Manufacturing Account.
Direct material.....................N5 000
Direct labour.......................N4 500
Direct expenses.....................N3 000
Factory overhead....................N2 500
Selling distribution................N1 500
Calculating the production cost?
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A.
N16 500
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B.
N15 000
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C.
N14 000
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D.
N12 500
Correct Answer: Option B
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