Post Utme Covenant University 2019 Accounting Question 16

Practice objective / multiple choice question 16 from the 2019 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2019 Accounting Objective / Multiple Choice
Question 16 POST_UTME_COVENANT_UNIVERSITY • 2019 • ACCOUNTING • objective

The following is a partial statement of a manufacturing account for the year ended 31st December 2022: Dr. Work-in-Progress 1,500,000 Work-in-Progress 2,000,000 Cr. Opening Work-in-Progress 1,000,000 Materials Consumed 800,000 Labour 400,000 What is the total value of work-in-progress at the end of the year?

Answer Options

Correct Answer A. ₦3,500,000
B. ₦3,000,000
C. ₦4,000,000
D. ₦4,500,000
Correct Answer
A
Correct Option:
₦3,500,000

About This Question

This is Post Utme Covenant University 2019 Accounting Question 16. It is one of the objective questions from the 2019 Post Utme Covenant University Accounting examination.

View More Post Utme Covenant University 2019 Accounting Questions More Post Utme Covenant University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support