Post Utme Caleb University 2022 Accounting Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2022 Accounting Objective / Multiple Choice
Question 35 POST_UTME_CALEB_UNIVERSITY • 2022 • ACCOUNTING • objective

A company produces a product that requires 2 kg of raw material A and 3 kg of raw material B to produce 10 units of the product. The cost of raw material A is ₦50 per kg, and the cost of raw material B is ₦75 per kg. If the company produces 500 units of the product, what is the total cost of the raw materials?

Answer Options

A. ₦375,000
B. ₦400,000
Correct Answer C. ₦425,000
D. ₦450,000
Correct Answer
C
Correct Option:
₦425,000

About This Question

This is Post Utme Caleb University 2022 Accounting Question 35. It is one of the objective questions from the 2022 Post Utme Caleb University Accounting examination.

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