Post Utme Aaua 2017 Accounting Question 12

Practice objective / multiple choice question 12 from the 2017 Post Utme Aaua Accounting examination.

Post Utme Aaua 2017 Accounting Objective / Multiple Choice
Question 12 POST_UTME_AAUA • 2017 • ACCOUNTING • objective

A company has the following transactions: Purchased 500 units of raw materials at ₦10 per unit, purchased 200 units of raw materials at ₦15 per unit, and sold 300 units of finished goods at ₦25 per unit. What is the total cost of goods sold?

Answer Options

A. ₦8,500
B. ₦9,500
Correct Answer C. ₦10,500
D. ₦11,500
Correct Answer
C
Correct Option:
₦10,500

About This Question

This is Post Utme Aaua 2017 Accounting Question 12. It is one of the objective questions from the 2017 Post Utme Aaua Accounting examination.

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