Post Utme Futo 2025 Accounting Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Futo Accounting examination.

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 32 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

A company uses the FIFO method to value its inventory. If the total cost of goods available for sale is ₦500,000, and the total cost of goods sold is ₦450,000, what is the cost of goods sold per unit?

Answer Options

A. ₦1,000
B. ₦1,500
Correct Answer C. ₦2,000
D. ₦2,500
Correct Answer
C
Correct Option:
₦2,000

About This Question

This is Post Utme Futo 2025 Accounting Question 32. It is one of the objective questions from the 2025 Post Utme Futo Accounting examination.

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