Post Utme Ims U 2023 Accounting Question 12

Practice objective / multiple choice question 12 from the 2023 Post Utme Ims U Accounting examination.

Post Utme Ims U 2023 Accounting Objective / Multiple Choice
Question 12 POST_UTME_IMS_U • 2023 • ACCOUNTING • objective

A manufacturing company uses the process cost method to account for its production costs. The company has the following information for the month of January: direct materials cost of ₦120,000, direct labor cost of ₦150,000, and overhead cost of ₦80,000. What is the total production cost for the month?

Answer Options

Correct Answer A. ₦350,000
B. ₦450,000
C. ₦350,000 + ₦80,000
D. ₦450,000 + ₦80,000
Correct Answer
A
Correct Option:
₦350,000

About This Question

This is Post Utme Ims U 2023 Accounting Question 12. It is one of the objective questions from the 2023 Post Utme Ims U Accounting examination.

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