Post Utme Igbinedion University 2023 Accounting Question 25

Practice objective / multiple choice question 25 from the 2023 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2023 Accounting Objective / Multiple Choice
Question 25 POST_UTME_IGBINEDION_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's manufacturing account shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1st Jan | Raw Materials | 10,000 | | | 2nd Jan | Labour | | 5,000 | | 3rd Jan | Factory Overheads | | 3,000 | What is the cost of goods manufactured?

Answer Options

A. ₦ 18,000
Correct Answer B. ₦ 20,000
C. ₦ 22,000
D. ₦ 25,000
Correct Answer
B
Correct Option:
₦ 20,000

About This Question

This is Post Utme Igbinedion University 2023 Accounting Question 25. It is one of the objective questions from the 2023 Post Utme Igbinedion University Accounting examination.

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