Post Utme Esut 2021 Accounting Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Esut Accounting examination.

Post Utme Esut 2021 Accounting Objective / Multiple Choice
Question 28 POST_UTME_ESUT • 2021 • ACCOUNTING • objective

A company manufactures products using a job-order costing system. The company's work-in-progress inventory has the following costs: Direct Materials = ₦20,000, Direct Labor = ₦30,000, and Overhead = ₦40,000. What is the total cost of the work-in-progress inventory?

Answer Options

A. ₦90,000
B. ₦100,000
Correct Answer C. ₦110,000
D. ₦120,000
Correct Answer
C
Correct Option:
₦110,000

About This Question

This is Post Utme Esut 2021 Accounting Question 28. It is one of the objective questions from the 2021 Post Utme Esut Accounting examination.

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