Post Utme Crawford University 2019 Accounting Question 11

Practice objective / multiple choice question 11 from the 2019 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2019 Accounting Objective / Multiple Choice
Question 11 POST_UTME_CRAWFORD_UNIVERSITY • 2019 • ACCOUNTING • objective

A company produces two products, X and Y, using two machines, A and B. The production process involves the following steps: cutting, drilling, and assembly. The company uses a job costing system and allocates costs to each product based on the machine hours used. The following data is available for the month of January:

Answer Options

A. Product X should be allocated 60% of the total machine hours and Product Y should be allocated 40% of the total machine hours.
Correct Answer B. Product X should be allocated 50% of the total machine hours and Product Y should be allocated 50% of the total machine hours.
C. Product X should be allocated 40% of the total machine hours and Product Y should be allocated 60% of the total machine hours.
D. Product X should be allocated 30% of the total machine hours and Product Y should be allocated 70% of the total machine hours.
Correct Answer
B
Correct Option:
Product X should be allocated 50% of the total machine hours and Product Y should be allocated 50% of the total machine hours.

About This Question

This is Post Utme Crawford University 2019 Accounting Question 11. It is one of the objective questions from the 2019 Post Utme Crawford University Accounting examination.

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