Post Utme Aaua 2023 Accounting Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Aaua Accounting examination.

Post Utme Aaua 2023 Accounting Objective / Multiple Choice
Question 15 POST_UTME_AAUA • 2023 • ACCOUNTING • objective

A company's manufacturing account shows a cost of goods manufactured of ₦500,000 and a cost of goods sold of ₦400,000. If the company's beginning inventory is ₦100,000, what is the cost of ending inventory?

Answer Options

A. ₦150,000
B. ₦200,000
Correct Answer C. ₦250,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦250,000

About This Question

This is Post Utme Aaua 2023 Accounting Question 15. It is one of the objective questions from the 2023 Post Utme Aaua Accounting examination.

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