Post Utme Pan Atlantic University 2017 Accounting Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2017 Accounting Objective / Multiple Choice
Question 11 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2017 • ACCOUNTING • objective

A company's manufacturing overheads for the year ended 31st December 2017 were as follows: Direct Labour: ₦1,200,000 Indirect Labour: ₦800,000 Rent: ₦500,000 Depreciation: ₦300,000 Insurance: ₦200,000 Total: ₦2,500,000 Calculate the manufacturing overheads as a percentage of prime cost.

Answer Options

A. 15%
Correct Answer B. 20%
C. 25%
D. 30%
Correct Answer
B
Correct Option:
20%

About This Question

This is Post Utme Pan Atlantic University 2017 Accounting Question 11. It is one of the objective questions from the 2017 Post Utme Pan Atlantic University Accounting examination.

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