Post Utme Noun 2018 Accounting Question 27

Practice objective / multiple choice question 27 from the 2018 Post Utme Noun Accounting examination.

Post Utme Noun 2018 Accounting Objective / Multiple Choice
Question 27 POST_UTME_NOUN • 2018 • ACCOUNTING • objective

A manufacturing company uses the weighted average method to assign overhead costs to jobs. The company has two departments: machining and assembly. The machining department has a total overhead cost of ₦1,500,000 and 10,000 machine hours, while the assembly department has a total overhead cost of ₦800,000 and 5,000 assembly hours. What is the overhead rate per machine hour?

Answer Options

A. ₦0.15
Correct Answer B. ₦0.20
C. ₦0.25
D. ₦0.30
Correct Answer
B
Correct Option:
₦0.20

About This Question

This is Post Utme Noun 2018 Accounting Question 27. It is one of the objective questions from the 2018 Post Utme Noun Accounting examination.

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