Post Utme Lead City University 2021 Accounting Question 36

Practice objective / multiple choice question 36 from the 2021 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2021 Accounting Objective / Multiple Choice
Question 36 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company uses a job costing system to account for its manufacturing costs. The company has two departments: Cutting and Assembly. The Cutting department incurred costs of ₦120,000 for direct materials and ₦80,000 for direct labor. The Assembly department incurred costs of ₦150,000 for direct materials and ₦100,000 for direct labor. The company's total direct labor cost for the period is ₦200,000. What is the total cost of goods manufactured for the period?

Answer Options

A. ₦420,000
B. ₦450,000
Correct Answer C. ₦480,000
D. ₦520,000
Correct Answer
C
Correct Option:
₦480,000

About This Question

This is Post Utme Lead City University 2021 Accounting Question 36. It is one of the objective questions from the 2021 Post Utme Lead City University Accounting examination.

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