Post Utme Caleb University 2019 Accounting Question 31

Practice objective / multiple choice question 31 from the 2019 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2019 Accounting Objective / Multiple Choice
Question 31 POST_UTME_CALEB_UNIVERSITY • 2019 • ACCOUNTING • objective

A company's manufacturing overheads consist of direct labour, indirect labour, and indirect materials. The company uses a job-order costing system. The following data are available for the year ended December 31, 20X8: Direct Labour: ₦ 1,500,000; Indirect Labour: ₦ 750,000; Indirect Materials: ₦ 300,000. The company uses a predetermined overhead rate of 150% of direct labour cost. Calculate the total manufacturing overheads for the year.

Answer Options

Correct Answer A. ₦ 2,250,000
B. ₦ 2,500,000
C. ₦ 2,750,000
D. ₦ 3,000,000
Correct Answer
A
Correct Option:
₦ 2,250,000

About This Question

This is Post Utme Caleb University 2019 Accounting Question 31. It is one of the objective questions from the 2019 Post Utme Caleb University Accounting examination.

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