Post Utme Igbinedion University 2021 Accounting Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2021 Accounting Objective / Multiple Choice
Question 33 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • ACCOUNTING • objective

A company's manufacturing account for the year ended 31st December shows the following: | Particulars | Cost | | --- | --- | | Opening stock | 10,000 | | Raw materials purchased | 50,000 | | Labour | 20,000 | | Factory overheads | 15,000 | | Closing stock | 8,000 | Calculate the cost of goods manufactured.

Answer Options

A. ₦ 53,000
B. ₦ 58,000
Correct Answer C. ₦ 63,000
D. ₦ 68,000
Correct Answer
C
Correct Option:
₦ 63,000

About This Question

This is Post Utme Igbinedion University 2021 Accounting Question 33. It is one of the objective questions from the 2021 Post Utme Igbinedion University Accounting examination.

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