Post Utme Madonna University 2025 Accounting Question 33

Practice objective / multiple choice question 33 from the 2025 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2025 Accounting Objective / Multiple Choice
Question 33 POST_UTME_MADONNA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company uses the perpetual inventory system. If the company purchases 100 units of inventory at ₦50 per unit and sells 50 units at ₦75 per unit, what is the cost of goods sold?

Answer Options

A. ₦2,500
B. ₦3,000
Correct Answer C. ₦3,500
D. ₦4,000
Correct Answer
C
Correct Option:
₦3,500

About This Question

This is Post Utme Madonna University 2025 Accounting Question 33. It is one of the objective questions from the 2025 Post Utme Madonna University Accounting examination.

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