Post Utme Unilag 2017 Accounting Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Unilag Accounting examination.

Post Utme Unilag 2017 Accounting Objective / Multiple Choice
Question 40 POST_UTME_UNILAG • 2017 • ACCOUNTING • objective

A company has the following transactions related to its manufacturing department: Beginning WIP inventory is ₦100,000; direct materials used are ₦200,000; direct labor costs are ₦150,000; and overhead costs are ₦75,000. What is the total cost of goods manufactured?

Answer Options

A. ₦525,000
B. ₦625,000
Correct Answer C. ₦725,000
D. ₦825,000
Correct Answer
C
Correct Option:
₦725,000

About This Question

This is Post Utme Unilag 2017 Accounting Question 40. It is one of the objective questions from the 2017 Post Utme Unilag Accounting examination.

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