Post Utme Pan Atlantic University 2021 Accounting Question 1

Practice objective / multiple choice question 1 from the 2021 Post Utme Pan Atlantic University Accounting examination.

Post Utme Pan Atlantic University 2021 Accounting Objective / Multiple Choice
Question 1 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2021 • ACCOUNTING • objective

A company uses a job costing system to account for its manufacturing costs. The following information is available for the month of January: Job 101: Materials 1,500, Labour 2,000, Overheads 1,200. Job 102: Materials 2,000, Labour 1,500, Overheads 1,500. The company's overhead rate is 30% of direct labour cost. Calculate the total manufacturing cost for the month of January.

Answer Options

A. 6,000
Correct Answer B. 7,000
C. 8,000
D. 9,000
Correct Answer
B
Correct Option:
7,000

About This Question

This is Post Utme Pan Atlantic University 2021 Accounting Question 1. It is one of the objective questions from the 2021 Post Utme Pan Atlantic University Accounting examination.

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