According to the information given in the table below, which of the following is Prime Cost? Opening Stock Raw Materials 28000 Purchases 128000 Freight in 2800 Purchase return raw Material 1800 Wages paid to labor Closing Stock Raw Materials 78000 18000 Select one: O a. 177000 O b. 217000 O c. 139000 O d. 195000

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter8: Inventories: Special Valuation Issues
Section: Chapter Questions
Problem 3RE: Blue Corporation uses the FIFO cost flow assumption. Presented below is information related to Blues...
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Moodle English (en)
According to the information given in the table below, which of the following is Prime Cost?
Opening Stock Raw Materials
28000
Purchases
128000
Freight in
Purchase return raw Material
2800
1800
Wages paid to labor
Closing Stock Raw Materials
78000
18000
Select one:
O a. 177000
O b. 217000
O c. 139000
O d. 195000
ere to search
行
Transcribed Image Text:Moodle English (en) According to the information given in the table below, which of the following is Prime Cost? Opening Stock Raw Materials 28000 Purchases 128000 Freight in Purchase return raw Material 2800 1800 Wages paid to labor Closing Stock Raw Materials 78000 18000 Select one: O a. 177000 O b. 217000 O c. 139000 O d. 195000 ere to search 行
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