Post Utme Al Hikmah University 2017 Accounting Question 2

Practice objective / multiple choice question 2 from the 2017 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2017 Accounting Objective / Multiple Choice
Question 2 POST_UTME_AL-HIKMAH_UNIVERSITY • 2017 • ACCOUNTING • objective

A manufacturing company uses the process costing method to account for its production costs. The company has two departments: Cutting and Assembly. The Cutting department has a total cost of ₦120,000 and the Assembly department has a total cost of ₦150,000. What is the total cost of production for the company?

Answer Options

A. ₦270,000
B. ₦270,000 + ₦120,000
C. ₦270,000 + ₦150,000
Correct Answer D. ₦270,000 + ₦120,000 + ₦150,000
Correct Answer
D
Correct Option:
₦270,000 + ₦120,000 + ₦150,000

About This Question

This is Post Utme Al Hikmah University 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Al Hikmah University Accounting examination.

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