Post Utme Ims U 2017 Accounting Question 37

Practice objective / multiple choice question 37 from the 2017 Post Utme Ims U Accounting examination.

Post Utme Ims U 2017 Accounting Objective / Multiple Choice
Question 37 POST_UTME_IMS_U • 2017 • ACCOUNTING • objective

A manufacturing company uses the process costing method to value its products. The company has two departments: Cutting and Assembly. The Cutting department has a total cost of ₦100,000 and the Assembly department has a total cost of ₦150,000. If the company produces 1,000 units of product, what is the total cost per unit?

Answer Options

A. ₦125
B. ₦150
Correct Answer C. ₦175
D. ₦200
Correct Answer
C
Correct Option:
₦175

About This Question

This is Post Utme Ims U 2017 Accounting Question 37. It is one of the objective questions from the 2017 Post Utme Ims U 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