Post Utme Rhema University 2019 Accounting Question 35

Practice objective / multiple choice question 35 from the 2019 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2019 Accounting Objective / Multiple Choice
Question 35 POST_UTME_RHEMA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's manufacturing process involves the following steps: raw materials, work-in-progress, and finished goods. If the company's raw materials inventory is ₦200,000, work-in-progress inventory is ₦150,000, and finished goods inventory is ₦300,000, what is the company's total inventory?

Answer Options

A. ₦650,000
B. ₦700,000
Correct Answer C. ₦750,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦750,000

About This Question

This is Post Utme Rhema University 2019 Accounting Question 35. It is one of the objective questions from the 2019 Post Utme Rhema University Accounting examination.

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