Post Utme Coal City University 2022 Accounting Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2022 Accounting Objective / Multiple Choice
Question 27 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • ACCOUNTING • objective

A manufacturing company uses the weighted average method to assign overhead costs to jobs. The company has three departments: machining, assembly, and inspection. The total overhead costs for the year are 120,000. The machining department has 30,000 machine hours, the assembly department has 20,000 machine hours, and the inspection department has 10,000 machine hours. What is the overhead rate per machine hour?

Answer Options

A. 4.00
Correct Answer B. 3.50
C. 3.00
D. 2.50
Correct Answer
B
Correct Option:
3.50

About This Question

This is Post Utme Coal City University 2022 Accounting Question 27. It is one of the objective questions from the 2022 Post Utme Coal City University Accounting examination.

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