Post Utme Futo 2019 Accounting Question 4
Practice objective / multiple choice question 4 from the 2019 Post Utme Futo Accounting examination.
A company has the following transactions related to its manufacturing accounts: | Date | Description | Quantity | Unit Cost | Total Cost | | --- | --- | --- | --- | --- | | Jan 1 | Purchase of raw materials | 100 units | ₦10 | ₦1,000 | | Jan 15 | Conversion of raw materials | | | ₦500 | | Feb 1 | Purchase of raw materials | 150 units | ₦12 | ₦1,800 | | Feb 15 | Conversion of raw materials | | | ₦900 | Determine the total cost of production.
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About This Question
This is Post Utme Futo 2019 Accounting Question 4. It is one of the objective questions from the 2019 Post Utme Futo Accounting examination.
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