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Use the following information to answer the questions below A manufacturing ...

Use the following information to answer the questions below
A manufacturing company's cost of production was D 200,000. The finished goods were transferred to the warehouse at D 220,000. At the end of the year, 9% of these goods were still in stock.


The value of the closing stock of finished goods in the trading account is?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A D37,800
  • B D 20,000
  • C D19,800
  • D D 18,000.
Correct Answer: Option C
Explanation:

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