Post Utme Rhema University 2025 Accounting Question 11

Practice objective / multiple choice question 11 from the 2025 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2025 Accounting Objective / Multiple Choice
Question 11 POST_UTME_RHEMA_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has a departmental accounting system. The manufacturing department has a direct labor cost of ₦100,000 and a direct material cost of ₦150,000. The selling department has a direct labor cost of ₦50,000 and a direct material cost of ₦75,000. If the company uses the absorption costing method, calculate the total cost of goods sold.

Answer Options

A. ₦250,000
B. ₦300,000
Correct Answer C. ₦350,000
D. ₦400,000
Correct Answer
C
Correct Option:
₦350,000

About This Question

This is Post Utme Rhema University 2025 Accounting Question 11. It is one of the objective questions from the 2025 Post Utme Rhema University Accounting examination.

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