Post Utme Aaua 2017 Accounting Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Aaua Accounting examination.

Post Utme Aaua 2017 Accounting Objective / Multiple Choice
Question 14 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 available for sale?

Answer Options

A. ₦8,000
B. ₦9,000
Correct Answer C. ₦10,000
D. ₦11,000
Correct Answer
C
Correct Option:
₦10,000

About This Question

This is Post Utme Aaua 2017 Accounting Question 14. It is one of the objective questions from the 2017 Post Utme Aaua Accounting examination.

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