Post Utme Veritas University 2020 Accounting Question 47

Practice objective / multiple choice question 47 from the 2020 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2020 Accounting Objective / Multiple Choice
Question 47 POST_UTME_VERITAS_UNIVERSITY • 2020 • ACCOUNTING • objective

A company has the following transactions in its manufacturing account: 100 units produced, 80 units sold, and 20 units in work-in-progress. If the cost of goods sold is ₦120,000, what is the cost of goods sold per unit?

Answer Options

A. ₦1,500
Correct Answer B. ₦1,800
C. ₦2,000
D. ₦2,500
Correct Answer
B
Correct Option:
₦1,800

About This Question

This is Post Utme Veritas University 2020 Accounting Question 47. It is one of the objective questions from the 2020 Post Utme Veritas University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support