Post Utme Veritas University 2023 Accounting Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2023 Accounting Objective / Multiple Choice
Question 9 POST_UTME_VERITAS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company's manufacturing account shows the following transactions: | Date | Particulars | Debit | Credit | | --- | --- | --- | --- | | 1 | Raw Materials | ₦10,000 | | | 2 | Labour | ₦5,000 | | | 3 | Factory Overheads | ₦8,000 | | | 4 | Work-in-Progress | | ₦23,000 | What is the total cost of production?

Answer Options

A. ₦23,000
Correct Answer B. ₦23,000.00
C. ₦23,000.00
D. ₦23,000.00
Correct Answer
B
Correct Option:
₦23,000.00

About This Question

This is Post Utme Veritas University 2023 Accounting Question 9. It is one of the objective questions from the 2023 Post Utme Veritas University Accounting examination.

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