Post Utme Lautech 2019 Accounting Question 2

Practice objective / multiple choice question 2 from the 2019 Post Utme Lautech Accounting examination.

Post Utme Lautech 2019 Accounting Objective / Multiple Choice
Question 2 POST_UTME_LAUTECH • 2019 • ACCOUNTING • objective

A manufacturing company uses the process costing method to account for its production costs. The company has two departments: cutting and assembly. The cutting department has a total cost of ₦500,000 and the assembly department has a total cost of ₦750,000. What is the total production cost for the period?

Answer Options

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

About This Question

This is Post Utme Lautech 2019 Accounting Question 2. It is one of the objective questions from the 2019 Post Utme Lautech Accounting examination.

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