Post Utme Oau 2021 Accounting Question 22

Practice objective / multiple choice question 22 from the 2021 Post Utme Oau Accounting examination.

Post Utme Oau 2021 Accounting Objective / Multiple Choice
Question 22 POST_UTME_OAU • 2021 • ACCOUNTING • objective

A manufacturing company uses the process costing method. The following data are given: Opening work-in-progress (WIP) inventory: ₦150,000; Direct materials: ₦300,000; Direct labor: ₦250,000; Factory overhead: ₦200,000. Calculate the total cost of production.

Answer Options

A. ₦900,000
B. ₦1,000,000
Correct Answer C. ₦1,050,000
D. ₦1,100,000
Correct Answer
C
Correct Option:
₦1,050,000

About This Question

This is Post Utme Oau 2021 Accounting Question 22. It is one of the objective questions from the 2021 Post Utme Oau Accounting examination.

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