Post Utme Rsu 2022 Accounting Question 22

Practice objective / multiple choice question 22 from the 2022 Post Utme Rsu Accounting examination.

Post Utme Rsu 2022 Accounting Objective / Multiple Choice
Question 22 POST_UTME_RSU • 2022 • ACCOUNTING • objective

A manufacturing company uses the weighted average method to assign overhead costs to jobs. The company has the following data for the month of January: total overhead costs of ₦120,000, total direct labor hours of 1,000, and total machine hours of 800. If the company uses a machine rate of ₦150 per hour and a labor rate of ₦100 per hour, what is the total overhead cost assigned to jobs using the weighted average method?

Answer Options

A. ₦90,000
Correct Answer B. ₦100,000
C. ₦110,000
D. ₦120,000
Correct Answer
B
Correct Option:
₦100,000

About This Question

This is Post Utme Rsu 2022 Accounting Question 22. It is one of the objective questions from the 2022 Post Utme Rsu Accounting examination.

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