Question

    You are given the following information. What will be

    the amount of Materials that would be increasing the prime cost?
    A 12000 Correct Answer Incorrect Answer
    B 4000 Correct Answer Incorrect Answer
    C 16000 Correct Answer Incorrect Answer
    D 20000 Correct Answer Incorrect Answer
    E 24000 Correct Answer Incorrect Answer

    Solution

    Direct Materials Consumed would be equal to Opening Stock + Purchases – Closing Stock

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