Post Utme Futo 2017 Accounting Question 2
Practice objective / multiple choice question 2 from the 2017 Post Utme Futo Accounting examination.
A manufacturing company uses a job costing system. The following information is available for the month of January: Cost of raw materials purchased ₦1,500,000; direct labor cost ₦800,000; factory overheads ₦600,000; and selling price per unit ₦2,000. If 5,000 units were produced and sold, what is the gross profit for the month?
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About This Question
This is Post Utme Futo 2017 Accounting Question 2. It is one of the objective questions from the 2017 Post Utme Futo Accounting examination.
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