Post Utme Rhema University 2025 Accounting Question 26

Practice objective / multiple choice question 26 from the 2025 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2025 Accounting Objective / Multiple Choice
Question 26 POST_UTME_RHEMA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has the following manufacturing account: | Date | Description | Debit | Credit | | --- | --- | --- | --- | | 2022-01-01 | Raw Materials | ₦100,000 | | | 2022-01-05 | Labor | | ₦50,000 | | 2022-01-10 | Factory Overheads | ₦200,000 | | | 2022-01-15 | Work-in-Progress | | ₦150,000 | What is the total cost of goods manufactured?

Answer Options

A. ₦350,000
B. ₦400,000
C. ₦450,000
Correct Answer D. ₦500,000
Correct Answer
D
Correct Option:
₦500,000

About This Question

This is Post Utme Rhema University 2025 Accounting Question 26. It is one of the objective questions from the 2025 Post Utme Rhema University Accounting examination.

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