Post Utme Mountain Top University 2021 Accounting Question 12

Practice objective / multiple choice question 12 from the 2021 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2021 Accounting Objective / Multiple Choice
Question 12 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ACCOUNTING • objective

A manufacturing company uses a job costing system. The company incurred the following costs in producing a batch of goods: direct materials 10,000, direct labor 15,000, and overhead 20,000. The company sold the goods for 60,000. Calculate the gross profit.

Answer Options

A. ₦10,000
B. ₦20,000
Correct Answer C. ₦30,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦30,000

About This Question

This is Post Utme Mountain Top University 2021 Accounting Question 12. It is one of the objective questions from the 2021 Post Utme Mountain Top University Accounting examination.

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