Post Utme Greenfield University 2025 Accounting Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Greenfield University Accounting examination.

Post Utme Greenfield University 2025 Accounting Objective / Multiple Choice
Question 31 POST_UTME_GREENFIELD_UNIVERSITY • 2025 • ACCOUNTING • objective

In a manufacturing company, the production department incurs a direct labor cost of ₦120,000 and a direct material cost of ₦150,000. The company uses a job order costing system and has a predetermined overhead rate of 120% of direct labor cost. What is the total cost of production for Job No. 123?

Answer Options

A. ₦240,000
B. ₦300,000
Correct Answer C. ₦360,000
D. ₦420,000
Correct Answer
C
Correct Option:
₦360,000

About This Question

This is Post Utme Greenfield University 2025 Accounting Question 31. It is one of the objective questions from the 2025 Post Utme Greenfield University Accounting examination.

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