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The following information is provided for Amusa Company Ltd a manufacturer: Prime cost ...

The following information is provided for Amusa Company Ltd a manufacturer: Prime cost - ₦999,000, Manufacturing overhead − ₦132,000, Closing work in progress − ₦75,000, Value of finished goods transferred to the Trading Account –
₦1,116,000, If included in the manufacturing overhead were rents of ₦5,000 paid in advance, what is the opening work in progress for the period?

A. ₦85,000
B. ₦80,000
C. ₦70,000
D. ₦65,000




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