WAEC Accounting 2022 Objective — Question 22
Question 22 of 50 from the West African Examinations Council (WAEC) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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The cost of raw materials consumed is
- A. Le 932,000
- B. Le 947,000
- C. Le 402,000
- D. Le 372,000Correct
Explanation
Cost of raw materials consumed = Raw materials available for production − Closing stock = 932,000 − 560,000 = Le 372,000.
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