use the following information to answer the given question
N | |
Opening Stock: | |
Raw materials | 6.500 |
Work-in-progress | 2,500 |
Closing Stock: | |
Raw materials | 4000 |
Work-in-progress | 1000 |
Purchases of raw materials | 12,500 |
Manufacturing wages | 2000 |
Factory rent | 500 |
What is the cost of raw materials consumed?
use the following information to answer the given question
N | |
Opening Stock: | |
Raw materials | 6,500 |
Work-in-progress | 2,500 |
Closing Stock: | |
Raw materials | 4000 |
Work-in-progress | 1000 |
Purchases of raw materials | 12,500 |
Manufacturing Wages | 2000 |
Factory Rent | 500 |
What is the cost of production?