Question Tag: Cost of Goods

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  • 1 Marks

FA – May 2013 – L1 – SA – Q18 – Recording Financial Transactions

This question asks for the cost of goods invoiced at a mark-up.

If goods were invoiced by the Head Office to a branch for N86,400 at cost plus a 25% mark-up, what was the cost of the goods?

A. N64,800
B. N69,120
C. N86,400
D. N103,680
E. N108,000

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  • 1 Marks

FA – May 2013 – L1 – SA – Q18 – Recording Financial Transactions

This question asks for the cost of goods invoiced at a mark-up.

If goods were invoiced by the Head Office to a branch for N86,400 at cost plus a 25% mark-up, what was the cost of the goods?

A. N64,800
B. N69,120
C. N86,400
D. N103,680
E. N108,000

Login or create a free account to see answers

Login
Register

Find Related Questions by Tags, levels, etc.

Report an error
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You're reporting an error for "FA – May 2013 – L1 – SA – Q18 – Recording Financial Transactions"

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