Post Utme Lautech 2023 Accounting Question 29

Practice objective / multiple choice question 29 from the 2023 Post Utme Lautech Accounting examination.

Post Utme Lautech 2023 Accounting Objective / Multiple Choice
Question 29 POST_UTME_LAUTECH • 2023 • ACCOUNTING • objective

A company's manufacturing account shows the following costs: Direct Materials ₦50,000, Direct Labor ₦30,000, and Factory Overhead ₦20,000. Calculate the company's cost of goods sold.

Answer Options

Correct Answer A. ₦100,000
B. ₦80,000
C. ₦60,000
D. ₦40,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Lautech 2023 Accounting Question 29. It is one of the objective questions from the 2023 Post Utme Lautech Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support