Post Utme Aaua 2019 Accounting Question 8

Practice objective / multiple choice question 8 from the 2019 Post Utme Aaua Accounting examination.

Post Utme Aaua 2019 Accounting Objective / Multiple Choice
Question 8 POST_UTME_AAUA • 2019 • ACCOUNTING • objective

A company's manufacturing account for the year ended 31st December 2022 is as follows: Opening Stock ₦50,000 Purchases ₦150,000 Direct Labour ₦20,000 Overheads ₦30,000 Closing Stock ₦80,000 Calculate the cost of goods sold for the year.

Answer Options

A. ₦200,000
B. ₦220,000
Correct Answer C. ₦240,000
D. ₦260,000
Correct Answer
C
Correct Option:
₦240,000

About This Question

This is Post Utme Aaua 2019 Accounting Question 8. It is one of the objective questions from the 2019 Post Utme Aaua Accounting examination.

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