Post Utme Osustech 2023 Accounting Question 18
Practice objective / multiple choice question 18 from the 2023 Post Utme Osustech Accounting examination.
A company uses the job costing method to account for its production costs. The company has a job that requires 10,000 units of direct materials at a cost of ₦50 per unit and 5,000 units of direct labor at a cost of ₦100 per hour. The company uses a predetermined overhead rate of 150% of direct labor costs. The total production cost for the job is ₦500,000. What is the total cost of direct materials for the job?
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About This Question
This is Post Utme Osustech 2023 Accounting Question 18. It is one of the objective questions from the 2023 Post Utme Osustech Accounting examination.
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