Post Utme Ui 2021 Accounting Question 28
Practice objective / multiple choice question 28 from the 2021 Post Utme Ui Accounting examination.
A company uses the perpetual inventory system. On January 1, 2022, it had 500 units of a product in stock, costing ₦100 each. During the year, 300 units were sold, and 200 units were purchased at ₦120 each. What is the total cost of goods sold for the year?
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About This Question
This is Post Utme Ui 2021 Accounting Question 28. It is one of the objective questions from the 2021 Post Utme Ui Accounting examination.
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