Post Utme Oau 2024 Accounting Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Oau Accounting examination.

Post Utme Oau 2024 Accounting Objective / Multiple Choice
Question 37 POST_UTME_OAU • 2024 • ACCOUNTING • objective

A manufacturing company uses the process cost method to account for its production costs. The company has two departments: Cutting and Assembly. The Cutting department incurs a direct labor cost of ₦100,000 and a direct material cost of ₦150,000. The Assembly department incurs a direct labor cost of ₦200,000 and a direct material cost of ₦250,000. What is the total production cost for the period?

Answer Options

A. ₦450,000
Correct Answer B. ₦550,000
C. ₦650,000
D. ₦750,000
Correct Answer
B
Correct Option:
₦550,000

About This Question

This is Post Utme Oau 2024 Accounting Question 37. It is one of the objective questions from the 2024 Post Utme Oau Accounting examination.

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