Post Utme Lasu 2017 Accounting Question 37

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

Post Utme Lasu 2017 Accounting Objective / Multiple Choice
Question 37 POST_UTME_LASU • 2017 • ACCOUNTING • objective

A manufacturing company uses the process costing method to value its products. The following data are available for the month of January: Direct materials: ₦100,000 Direct labor: ₦150,000 Overhead: ₦200,000 The company produced 10,000 units of product during the month. Determine the cost per unit of product.

Answer Options

A. ₦45.00
Correct Answer B. ₦50.00
C. ₦55.00
D. ₦60.00
Correct Answer
B
Correct Option:
₦50.00

About This Question

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

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