Post Utme Noun 2025 Accounting Question 31
Practice objective / multiple choice question 31 from the 2025 Post Utme Noun Accounting examination.
A company uses the perpetual inventory system. On January 1, 2025, it had 500 units of a product in stock, valued at ₦250 each. On March 10, 2025, 200 units were sold for ₦400 each. On April 15, 2025, 150 units were purchased for ₦350 each. On May 20, 2025, 100 units were sold for ₦450 each. What is the cost of goods sold for the period?
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About This Question
This is Post Utme Noun 2025 Accounting Question 31. It is one of the objective questions from the 2025 Post Utme Noun Accounting examination.
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