Post Utme Rsu 2020 Accounting Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Rsu Accounting examination.

Post Utme Rsu 2020 Accounting Objective / Multiple Choice

Question 40 POST_UTME_RSU • 2020 • ACCOUNTING • objective

SHARED STIMULUS

                            Debit: Raw materials: ₦80,000; Work-in-progress: ₦40,000; Finished goods: ₦30,000. Credit: Purchases: ₦100,000; Direct labor: ₦40,000; Overhead: ₦30,000.

                        

The following are the details of the transactions of a company for the year ended December 31, 2020:

Answer Options

A. ₦100,000

B. ₦120,000

Correct Answer C. ₦150,000

D. ₦180,000

Correct Answer

Correct Option:

₦150,000

About This Question

This is Post Utme Rsu 2020 Accounting Question 40. It is one of the objective questions from the 2020 Post Utme Rsu Accounting examination.

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