Post Utme Covenant University 2025 Accounting Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Covenant University Accounting examination.

Post Utme Covenant University 2025 Accounting Objective / Multiple Choice
Question 8 POST_UTME_COVENANT_UNIVERSITY • 2025 • ACCOUNTING • objective

A company's manufacturing account for the year ended 31st December 20XX shows the following: | Particulars | Cost | | --- | --- | | Opening stock | 10,000 | | Raw materials purchased | 50,000 | | Direct labour | 20,000 | | Factory overheads | 15,000 | | Closing stock | 12,000 | What is the total cost of production?

Answer Options

A. ₦67,000
B. ₦77,000
Correct Answer C. ₦87,000
D. ₦97,000
Correct Answer
C
Correct Option:
₦87,000

About This Question

This is Post Utme Covenant University 2025 Accounting Question 8. It is one of the objective questions from the 2025 Post Utme Covenant University Accounting examination.

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