WAEC Financial Accounting 1998 Question 44

Opening stock of Raw Materials: N5,800
Closing stock of Raw Materials: N4,500
Raw Materials Purchased: N19,000
Carriage outwards: N1,300
Direct labour: N4,000
Electricity (Factory): N2,500
Supervisor's salary: N5,500
Depreciation of Plant: N1,500
Sales: N58,000
Closing stock (Finished Goods): N4,500
Administrative Expenses: N5,500
Selling and Distribution Expenses: N3,000
What is the Production Cost?

1. A.N33,800
2. B.N33,200
3. C.N28,700
4. D.N28,300
5. E.N18,900