Post Utme Rhema University 2020 Accounting Question 14

Practice objective / multiple choice question 14 from the 2020 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2020 Accounting Objective / Multiple Choice
Question 14 POST_UTME_RHEMA_UNIVERSITY • 2020 • ACCOUNTING • objective

A company uses the following formula to calculate its manufacturing overheads: Manufacturing Overheads = (Direct Labour Hours x Factory Wage Rate) + (Machine Hours x Machine Rate). If the company's direct labour hours are 1000, factory wage rate is ₦120 per hour, machine hours are 800, and machine rate is ₦80 per hour, calculate the manufacturing overheads.

Answer Options

A. ₦144,000
Correct Answer B. ₦160,000
C. ₦176,000
D. ₦192,000
Correct Answer
B
Correct Option:
₦160,000

About This Question

This is Post Utme Rhema University 2020 Accounting Question 14. It is one of the objective questions from the 2020 Post Utme Rhema University Accounting examination.

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