JAMB - Accounts Principles Of Accounts (2025 - No. 48)
The cost of raw materials consumed is
#43,500
#45,500
#45,000
#53,000
Explanation
Cost of raw materials consumed = Opening stock + Purchases − Closing stock
= 8,000 + 45,000 − 9,500 = ₦43,500.
= 8,000 + 45,000 − 9,500 = ₦43,500.
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