JAMB - Accounts Principles Of Accounts (2023 - No. 65)

	₦
Manufacturing wages	42,000
Factory rent	880
Raw materials: Stock 1/1/16	1,000
Purchases	16,000
Stock 31/12/16	1,400
Depreciation of Plants and Machinery	800
Royalties	300
Indirect wages	18,000
General indirect expenses	620

What is the value of the indirect manufacturing cost?

₦57,900

₦18,200

₦20,300

₦23,000

Indirect cost = 880 + 800 + 18000 + 620
= ₦20300