Post Utme Oau 2025 Accounting Question 16
Practice objective / multiple choice question 16 from the 2025 Post Utme Oau Accounting examination.
A company uses the perpetual inventory system. It purchases 100 units of a product at ₦200 each on January 1, 2023. On March 15, 2023, it purchases another 50 units at ₦220 each. On June 10, 2023, it sells 70 units at ₦300 each. On September 1, 2023, it purchases 30 units at ₦250 each. On December 15, 2023, it sells 40 units at ₦320 each. Calculate the cost of goods sold for the year.
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About This Question
This is Post Utme Oau 2025 Accounting Question 16. It is one of the objective questions from the 2025 Post Utme Oau Accounting examination.
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