Post Utme Joseph Ayo Babalola University 2023 Accounting Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2023 Accounting Objective / Multiple Choice
Question 13 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company produces a product that requires 2 kg of raw material A and 3 kg of raw material B to produce 10 kg of the final product. If the cost of raw material A is ₦50 per kg and the cost of raw material B is ₦75 per kg, what is the cost of producing 50 kg of the final product?

Answer Options

A. ₦1,250,000
B. ₦1,375,000
Correct Answer C. ₦1,500,000
D. ₦1,625,000
Correct Answer
C
Correct Option:
₦1,500,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Accounting Question 13. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

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