Post Utme Oau 2024 Accounting Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Oau Accounting examination.

Post Utme Oau 2024 Accounting Objective / Multiple Choice
Question 4 POST_UTME_OAU • 2024 • ACCOUNTING • objective

A company has the following transactions related to its manufacturing department: Beginning work-in-progress (WIP) inventory: ₦150,000 Production costs incurred during the year: ₦500,000 Ending WIP inventory: ₦200,000 Calculate the cost of goods manufactured.

Answer Options

A. ₦600,000
B. ₦650,000
Correct Answer C. ₦700,000
D. ₦750,000
Correct Answer
C
Correct Option:
₦700,000

About This Question

This is Post Utme Oau 2024 Accounting Question 4. It is one of the objective questions from the 2024 Post Utme Oau Accounting examination.

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