Process B had no opening stock. 13500 units of raw material were transferred in at

£4.50 per unit. Additional material at £1.25 per unit was added in process. Labour and overheads were £6.25 per completed unit and £2.50 per unit incomplete.

If 11 750 completed units were transferred out, what was the closing stock in process B?

(a) £77625.00

(b) £14437.50

(c) £141000.00

(d) £21000.00

(2 marks)

CIMA Stage 1