461.
Calculate the closing stock under FIFO method
A.
N875
B.
N675
C.
N600
D.
N300
Correct answer is B
No explanation has been provided for this answer.
462.
Determine the closing stock under LOFO method
A.
N575
B.
N500
C.
N375
D.
N275
Correct answer is A
No explanation has been provided for this answer.
463.
A.
N13,000
B.
N9,900
C.
N8,400
D.
N9,000
Correct answer is C
No explanation has been provided for this answer.
464.
A.
N20,000
B.
N30,000
C.
N40,000
D.
N50,000
Correct answer is C
No explanation has been provided for this answer.
465.
Based on the FIFO method of valuation the total cost of the raw materials issued is
A.
N150
B.
N160
C.
N240
D.
N250
Correct answer is C
No explanation has been provided for this answer.
JAMB Subjects
Aptitude Tests