Post Utme Redeemers University 2017 Accounting Question 28

Practice objective / multiple choice question 28 from the 2017 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2017 Accounting Objective / Multiple Choice
Question 28 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's manufacturing account shows a cost of ₦100,000 for direct materials and ₦80,000 for direct labor. The total cost of goods manufactured is ₦180,000. What is the correct calculation for the cost of goods sold?

Answer Options

A. ₦180,000
Correct Answer B. ₦160,000
C. ₦140,000
D. ₦120,000
Correct Answer
B
Correct Option:
₦160,000

About This Question

This is Post Utme Redeemers University 2017 Accounting Question 28. It is one of the objective questions from the 2017 Post Utme Redeemers University Accounting examination.

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