Post Utme Igbinedion University 2021 Accounting Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2021 Accounting Objective / Multiple Choice
Question 4 POST_UTME_IGBINEDION_UNIVERSITY • 2021 • ACCOUNTING • objective

A company has the following transactions in its manufacturing account: Opening inventory: ₦100,000 Purchases: ₦200,000 Direct labor: ₦150,000 Overheads: ₦120,000 Closing inventory: ₦180,000 What is the cost of goods manufactured?

Answer Options

A. ₦650,000
B. ₦700,000
Correct Answer C. ₦750,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦750,000

About This Question

This is Post Utme Igbinedion University 2021 Accounting Question 4. It is one of the objective questions from the 2021 Post Utme Igbinedion University Accounting examination.

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