Post Utme Ksu 2020 Accounting Question 37

Practice objective / multiple choice question 37 from the 2020 Post Utme Ksu Accounting examination.

Post Utme Ksu 2020 Accounting Objective / Multiple Choice
Question 37 POST_UTME_KSU • 2020 • ACCOUNTING • objective

A manufacturing company has the following transactions for the month of January: Purchased raw materials worth ₦50,000, sold goods worth ₦75,000, and incurred wages of ₦20,000. What is the total cost of goods sold?

Answer Options

A. ₦60,000
Correct Answer B. ₦70,000
C. ₦80,000
D. ₦90,000
Correct Answer
B
Correct Option:
₦70,000

About This Question

This is Post Utme Ksu 2020 Accounting Question 37. It is one of the objective questions from the 2020 Post Utme Ksu Accounting examination.

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