Post Utme Joseph Ayo Babalola University 2024 Accounting Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2024 Accounting Objective / Multiple Choice
Question 37 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • ACCOUNTING • objective

A manufacturing company has the following balances in its ledger: Work-in-Progress (₦50,000), Finished Goods (₦75,000), Raw Materials (₦30,000), and Labour Cost (₦25,000). Calculate the Cost of Goods Sold.

Answer Options

A. ₦175,000
B. ₦200,000
Correct Answer C. ₦225,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦225,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Accounting Question 37. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Accounting examination.

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