Post Utme Elizade University 2017 Accounting Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2017 Accounting Objective / Multiple Choice
Question 37 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ACCOUNTING • objective

A manufacturing company uses a job costing system. The following data relates to the production of a particular job: Direct Materials: ₦10,000 Direct Labour: ₥0,000 Overheads: ₦0,000 Total Cost: ₦16,000 Calculate the selling price of the job, given that the company wants to make a profit of 25% on the total cost.

Answer Options

A. ₦19,200
B. ₦20,000
Correct Answer C. ₦20,800
D. ₦21,600
Correct Answer
C
Correct Option:
₦20,800

About This Question

This is Post Utme Elizade University 2017 Accounting Question 37. It is one of the objective questions from the 2017 Post Utme Elizade University Accounting examination.

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