Given: Prime cost N220,000 Factory cost N32,000 work in progress at beginning N25,000 work in...

JAMB 1995

Given:
Prime cost N220,000
Factory cost N32,000
work in progress at beginning N25,000
work in progress at close N19,000
Administrative expenses N21,000
Determine the production cost

A. N296,000
B. N277,000
C. N258,000
D. N246,000

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Correct Answer: Option C

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