Post Utme Uniport 2024 Accounting Question 18
Practice objective / multiple choice question 18 from the 2024 Post Utme Uniport Accounting examination.
A company uses the perpetual inventory system. On January 1, 2023, the company had 100 units of item A in inventory at a cost of ₦100 per unit. During the year, the company purchased 200 units of item A at ₦120 per unit and sold 150 units of item A at ₦150 per unit. What is the cost of goods sold for the year?
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About This Question
This is Post Utme Uniport 2024 Accounting Question 18. It is one of the objective questions from the 2024 Post Utme Uniport Accounting examination.
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