JAMB Principles of Accounts 2005 Question 28

Use the information below to answer questions 28 and 29.
Direct labour ₦50 000
Beginning work-in-progress ₦4 000
Raw materials used ₦18 000
Indirect labour ₦4 000
Ending finished goods ₦16 000
Ending work-in-progress ₦9 000
Factory supplies used ₦7 000
Selling expenses ₦25 000
Beginning finished goods ₦21 000
Other factory overheads ₦19 000
What is the cost of goods manufactured?

1. A.₦117 000
2. B.₦104 000
3. C.₦97 000
4. D.₦93 000