Post Utme Crawford University 2024 Accounting Question 12

Practice objective / multiple choice question 12 from the 2024 Post Utme Crawford University Accounting examination.

Post Utme Crawford University 2024 Accounting Objective / Multiple Choice
Question 12 POST_UTME_CRAWFORD_UNIVERSITY • 2024 • ACCOUNTING • objective

A manufacturing company uses the process costing method to value its products. The company has two departments: Cutting and Assembly. The Cutting department has a capacity of 10,000 units per day, and the Assembly department has a capacity of 8,000 units per day. During the month, the Cutting department produced 9,500 units, and the Assembly department produced 7,500 units. The company's overhead costs for the month are ₦500,000. Calculate the cost per unit for each department.

Answer Options

A. ₦50
B. ₦60
Correct Answer C. ₦70
D. ₦80
Correct Answer
C
Correct Option:
₦70

About This Question

This is Post Utme Crawford University 2024 Accounting Question 12. It is one of the objective questions from the 2024 Post Utme Crawford University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support