Post Utme Caleb University 2023 Accounting Question 7

Practice objective / multiple choice question 7 from the 2023 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2023 Accounting Objective / Multiple Choice
Question 7 POST_UTME_CALEB_UNIVERSITY • 2023 • ACCOUNTING • objective

A manufacturing company uses a job-order costing system. The company has two departments: Cutting and Assembly. The Cutting department incurs costs of ₦120,000 for direct materials and ₦80,000 for direct labor. The Assembly department incurs costs of ₦150,000 for direct materials and ₦100,000 for direct labor. What is the total cost of production for the company?

Answer Options

A. ₦450,000
Correct Answer B. ₦500,000
C. ₦550,000
D. ₦600,000
Correct Answer
B
Correct Option:
₦500,000

About This Question

This is Post Utme Caleb University 2023 Accounting Question 7. It is one of the objective questions from the 2023 Post Utme Caleb University Accounting examination.

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