Post Utme Lead City University 2020 Accounting Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2020 Accounting Objective / Multiple Choice
Question 8 POST_UTME_LEAD_CITY_UNIVERSITY • 2020 • ACCOUNTING • objective

A company's manufacturing account for the year ended 31st December 2022 is as follows: Direct Materials: ₦150,000 Direct Labour: ₦100,000 Prime Cost: ₦250,000 Overheads: ₦50,000 What is the company's total cost of production?

Answer Options

A. ₦300,000
B. ₦350,000
Correct Answer C. ₦400,000
D. ₦450,000
Correct Answer
C
Correct Option:
₦400,000

About This Question

This is Post Utme Lead City University 2020 Accounting Question 8. It is one of the objective questions from the 2020 Post Utme Lead City University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support