Calculate Illumin8's closing stocks of raw material, work in progress and

finished goods at the 'cost' option.

a) Raw materials: opening stock of raw materials 30,000

closing stock 25,000

b) Work in progress:

opening stock Nil

Of the 10 million units manufactured during the year, 9.7 million were sold

(in addition to opening stock); 100,000 units complete and 200,000 units 50%

complete remain 'on hand'.

c) Opening stock of finished goods was 100,000 ($5,000).