Question No 22:
At the beginning of the year GHI, had opening work-in-progress of $240,000. During the year, the following expenditure was incurred: $ Prime cost 720,000 Factory/production overheads 72,000 Closing work-in-progress 350,000
What was the factory/production cost of goods completed during?
A. $538,000
B. $610,000
C. $682,000
D. $902,000
Answer: C
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