Post Utme Coal City University 2024 Accounting Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2024 Accounting Objective / Multiple Choice
Question 12 POST_UTME_COAL_CITY_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has the following transactions: Purchased raw materials for ₦100,000, purchased work-in-progress for ₦150,000, and sold finished goods for ₦200,000. The company uses the perpetual inventory system. What is the total value of the inventory?

Answer Options

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

About This Question

This is Post Utme Coal City University 2024 Accounting Question 12. It is one of the objective questions from the 2024 Post Utme Coal City University Accounting examination.

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