Post Utme Coal City University 2019 Accounting Question 36

Practice objective / multiple choice question 36 from the 2019 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2019 Accounting Objective / Multiple Choice
Question 36 POST_UTME_COAL_CITY_UNIVERSITY • 2019 • ACCOUNTING • objective

A company produces two products, X and Y. The production process involves two departments: Manufacturing and Quality Control. The Manufacturing department incurs a fixed cost of ₦120,000 and a variable cost of ₦50 per unit of X and ₦60 per unit of Y. The Quality Control department incurs a fixed cost of ₦80,000 and a variable cost of ₦20 per unit of X and ₦30 per unit of Y. If the company produces 100 units of X and 80 units of Y, what is the total cost of production?

Answer Options

A. ₦2,400,000
Correct Answer B. ₦2,600,000
C. ₦2,800,000
D. ₦3,000,000
Correct Answer
B
Correct Option:
₦2,600,000

About This Question

This is Post Utme Coal City University 2019 Accounting Question 36. It is one of the objective questions from the 2019 Post Utme Coal City University Accounting examination.

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