Post Utme Futa 2024 Accounting Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Futa Accounting examination.

Post Utme Futa 2024 Accounting Objective / Multiple Choice
Question 29 POST_UTME_FUTA • 2024 • ACCOUNTING • objective

A company uses the perpetual inventory system. If the beginning inventory is 100 units at ₦20 each, and 200 units are purchased at ₦25 each, what is the total cost of goods available for sale?

Answer Options

A. ₦5,500
Correct Answer B. ₦6,000
C. ₦5,200
D. ₦5,800
Correct Answer
B
Correct Option:
₦6,000

About This Question

This is Post Utme Futa 2024 Accounting Question 29. It is one of the objective questions from the 2024 Post Utme Futa Accounting examination.

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