Post Utme Ui 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Ui Accounting examination.

Post Utme Ui 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_UI • 2018 • ACCOUNTING • objective

A manufacturing company has the following data for the month of January: Raw materials purchased: ₦150,000 Work-in-progress: ₦80,000 Finished goods: ₦120,000 Selling price per unit: ₦50 Cost of goods sold: ₦60 What is the total value of finished goods sold?

Answer Options

A. ₦120,000
B. ₦150,000
Correct Answer C. ₦180,000
D. ₦200,000
Correct Answer
C
Correct Option:
₦180,000

About This Question

This is Post Utme Ui 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Ui Accounting examination.

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