Post Utme Uniben 2017 Accounting Question 8
Practice objective / multiple choice question 8 from the 2017 Post Utme Uniben Accounting examination.
A company uses the perpetual inventory system. On January 1, the company had 100 units of inventory on hand, valued at ₦100 each. During the month, the company purchased 200 units of inventory at ₦120 each. If the company sells 150 units of inventory at ₦150 each, what is the cost of goods sold?
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About This Question
This is Post Utme Uniben 2017 Accounting Question 8. It is one of the objective questions from the 2017 Post Utme Uniben Accounting examination.
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