Post Utme Ksu 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Ksu Accounting examination.

Post Utme Ksu 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_KSU • 2021 • ACCOUNTING • objective

A company uses the manufacturing accounts system of accounting. The company's work-in-progress account as at 31st December, 2020, shows the following balances: Direct Materials ₦0,500,000, Direct Labor ₥0,500,000, and Manufacturing Overhead ₤0,500,000. What is the company's total manufacturing cost for the year ended 31st December, 2020?

Answer Options

A. ₡0,500,000
B. ₡1,000,000
C. ₡1,500,000
Correct Answer D. ₡2,000,000
Correct Answer
D
Correct Option:
₡2,000,000

About This Question

This is Post Utme Ksu 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Ksu Accounting examination.

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