13. Examine the classified costs data of Clinton Ltd shown below: Cost Data Direct materials (opening inventory) Direct materials purchases Direct materials (closing inventory) Direct labour Direct expenses Indirect production overheads Work-in-progress (opening inventory) Work-in-progress (closing inventory) Sales Finished goods (opening inventory) Finished goods (closing inventory) Indirect non-production overheads Calculate production prime costs' of Clinton Ltd. a) 57,000 b) 48,000 c) 39,000 d) 17,000 3,000 18,000 4,000 33,000 7,000 125,000 6,000 5,000 330,000 10,000 8,000 108,000 14. Calculate Clinton's net operating profit, using the cost data of this entity shown above (at question No. 13). a) 145,000 b) 97,000 c) 48,000 d) 37,000 15. Which of the following shows the present value of 5,000 receivable each year for 6 years, discounted at 8% per year? a) 3,150 b) 6,885 c) 23,115 d) 30,000 6. The following bank reconciliation statement has been prepared by a trainee accountant. Overdraft per bank statement Less: unpresented cheques 4,680 8,450 3,770 18,580 22,350 Add: uncleared lodgements Balance per cash book What should be the correct balance per the cash book? a) 5,450 overdrawn b) 5,450 balance at bank c) 14,810 balance at bank d) 22,350 balance at bank as stated