Post Utme Esut 2018 Accounting Question 26

Practice objective / multiple choice question 26 from the 2018 Post Utme Esut Accounting examination.

Post Utme Esut 2018 Accounting Objective / Multiple Choice
Question 26 POST_UTME_ESUT • 2018 • ACCOUNTING • objective

In a manufacturing company, the cost of raw materials is ₦150,000, labor cost is ₦120,000, and overheads are ₦80,000. If the company uses the absorption costing method, what is the total cost of production?

Answer Options

A. ₦350,000
Correct Answer B. ₦450,000
C. ₦550,000
D. ₦650,000
Correct Answer
B
Correct Option:
₦450,000

About This Question

This is Post Utme Esut 2018 Accounting Question 26. It is one of the objective questions from the 2018 Post Utme Esut 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