Opening stock of Raw material is 180000 OMR , Freight Inwards 5000 OMR, Purchases of Raw material 730000 OMR, Purchase returns is 1000 OMR and Closing stock of Raw material is 28000 OMR, Wages is 85,000 OMR direct Expenses is 75000 OMR Calculate Prime cost. a. 1,059,000 OMR b. 984,000 OMR c. None of these d. 1,046,000 OMR

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Q: Q7: If the inventory of raw materials at( 1/1) is 75,000, and the inventory of raw materials at…

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Q: unit product cost under variable costing

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A: Solution: Cost of raw materials used during the period = Purchases of raw materials + Transportation…

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Q: None

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Q: Calculate Prime cost.

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