Post Utme Igbinedion University 2024 Accounting Question 16

Practice objective / multiple choice question 16 from the 2024 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2024 Accounting Objective / Multiple Choice
Question 16 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • ACCOUNTING • objective

A company's manufacturing overheads for the year ended December 31, 2023, were as follows: Direct Labour £ 10,000, Direct Materials £ 20,000, and Factory Rent £ 30,000. The total production cost for the year was £ 150,000. Calculate the manufacturing overheads as a percentage of total production cost.

Answer Options

A. 25%
Correct Answer B. 30%
C. 35%
D. 40%
Correct Answer
B
Correct Option:
30%

About This Question

This is Post Utme Igbinedion University 2024 Accounting Question 16. It is one of the objective questions from the 2024 Post Utme Igbinedion University Accounting examination.

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