Post Utme Nile University 2023 Accounting Question 32

Practice objective / multiple choice question 32 from the 2023 Post Utme Nile University Accounting examination.

Post Utme Nile University 2023 Accounting Objective / Multiple Choice
Question 32 POST_UTME_NILE_UNIVERSITY • 2023 • ACCOUNTING • objective

A manufacturing company uses a job costing system. The company has two departments, A and B. Department A produces raw materials for Department B. The raw materials produced by Department A cost ₦100,000 and are transferred to Department B. If Department B incurs a direct labor cost of ₦150,000 and an overhead cost of ₦50,000, what is the total cost of the product?

Answer Options

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

About This Question

This is Post Utme Nile University 2023 Accounting Question 32. It is one of the objective questions from the 2023 Post Utme Nile University Accounting examination.

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