Post Utme Babcock University 2018 Accounting Question 7

Practice objective / multiple choice question 7 from the 2018 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2018 Accounting Objective / Multiple Choice
Question 7 POST_UTME_BABCOCK_UNIVERSITY • 2018 • ACCOUNTING • objective

A manufacturing company has the following balance in its work-in-progress account: ₦50,000. During the month, it incurred direct labor costs of ₦20,000 and overhead costs of ₦15,000. Calculate the cost of goods manufactured.

Answer Options

Correct Answer A. ₦85,000
B. ₦60,000
C. ₦45,000
D. ₦30,000
Correct Answer
A
Correct Option:
₦85,000

About This Question

This is Post Utme Babcock University 2018 Accounting Question 7. It is one of the objective questions from the 2018 Post Utme Babcock 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