Post Utme Bowen University 2018 Accounting Question 36

Practice objective / multiple choice question 36 from the 2018 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2018 Accounting Objective / Multiple Choice
Question 36 POST_UTME_BOWEN_UNIVERSITY • 2018 • ACCOUNTING • objective

A company has the following transactions in its manufacturing account for the year ended December 31, 2022: Opening inventory: ₦120,000 Purchases: ₦300,000 Direct labor: ₦150,000 Overheads: ₦100,000 Closing inventory: ₦180,000 Calculate the cost of goods manufactured.

Answer Options

A. ₦620,000
B. ₦630,000
Correct Answer C. ₦640,000
D. ₦650,000
Correct Answer
C
Correct Option:
₦640,000

About This Question

This is Post Utme Bowen University 2018 Accounting Question 36. It is one of the objective questions from the 2018 Post Utme Bowen University Accounting examination.

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