Post Utme Summit University 2020 Accounting Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Summit University Accounting examination.

Post Utme Summit University 2020 Accounting Objective / Multiple Choice
Question 17 POST_UTME_SUMMIT_UNIVERSITY • 2020 • ACCOUNTING • objective

A company produces two products, X and Y, using two machines, A and B. The production costs for X and Y are as follows: X: ₦10 per unit, Y: ₦15 per unit. The company uses machine A for 80% of the production and machine B for 20%. If the total production cost is ₦120,000, what is the total production cost of product X?

Answer Options

Correct Answer A. ₦80,000
B. ₦90,000
C. ₦100,000
D. ₦110,000
Correct Answer
A
Correct Option:
₦80,000

About This Question

This is Post Utme Summit University 2020 Accounting Question 17. It is one of the objective questions from the 2020 Post Utme Summit University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support