Post Utme Unn 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Unn Accounting examination.

Post Utme Unn 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNN • 2020 • ACCOUNTING • objective

A company has the following manufacturing account: Beginning Work-in-Process Inventory ₦50,000, Direct Materials ₦100,000, Direct Labor ₦50,000, Factory Overhead ₦20,000, Finished Goods Inventory ₦80,000. Prepare the cost of goods sold.

Answer Options

A. ₦200,000
Correct Answer B. ₦220,000
C. ₦240,000
D. ₦260,000
Correct Answer
B
Correct Option:
₦220,000

About This Question

This is Post Utme Unn 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Unn Accounting examination.

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