Post Utme Achievers University 2021 Accounting Question 8

Practice objective / multiple choice question 8 from the 2021 Post Utme Achievers University Accounting examination.

Post Utme Achievers University 2021 Accounting Objective / Multiple Choice
Question 8 POST_UTME_ACHIEVERS_UNIVERSITY • 2021 • ACCOUNTING • objective

A company uses the perpetual inventory system. It purchases 100 units of goods at ₦50 each and sells 50 units at ₦75 each. Calculate the cost of goods sold.

Answer Options

A. ₦2,500
B. ₦2,750
Correct Answer C. ₦3,000
D. ₦3,250
Correct Answer
C
Correct Option:
₦3,000

About This Question

This is Post Utme Achievers University 2021 Accounting Question 8. It is one of the objective questions from the 2021 Post Utme Achievers University Accounting examination.

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