GCE Accounting 2022 Objective — Question 22
Question 22 of 50 from the General Certificate of Education (GCE) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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Using the information in Q21, the cost of raw materials consumed is
- A. Le947,000
- B. Le932,000
- C. Le402,000
- D. Le372,000Correct
Explanation
Cost of raw materials consumed = Materials available for production - Closing stock = 932,000 - 560,000 = Le372,000.
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