Post Utme Unilorin 2024 Accounting Question 34

Practice objective / multiple choice question 34 from the 2024 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2024 Accounting Objective / Multiple Choice
Question 34 POST_UTME_UNILORIN • 2024 • ACCOUNTING • objective

A company has a manufacturing department that produces two products: A and B. Product A has a selling price of ₦50, and the company sells 100 units of Product A per day. Product B has a selling price of ₦75, and the company sells 50 units of Product B per day. If the company's total sales for the day are ₦12,500, what is the total cost of goods sold for the day?

Answer Options

A. ₦8,000
B. ₦9,000
Correct Answer C. ₦10,000
D. ₦11,000
Correct Answer
C
Correct Option:
₦10,000

About This Question

This is Post Utme Unilorin 2024 Accounting Question 34. It is one of the objective questions from the 2024 Post Utme Unilorin Accounting examination.

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