Post Utme Unilorin 2018 Accounting Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2018 Accounting Objective / Multiple Choice
Question 2 POST_UTME_UNILORIN • 2018 • ACCOUNTING • objective

A manufacturing company uses the process costing method to value its production costs. The company's production costs for the month of January are as follows: direct materials, ₦120,000; direct labor, ₦150,000; and overhead, ₦80,000. If the company produces 10,000 units of product during the month, what is the total production cost per unit?

Answer Options

A. ₦18 per unit
B. ₦20 per unit
Correct Answer C. ₦22 per unit
D. ₦25 per unit
Correct Answer
C
Correct Option:
₦22 per unit

About This Question

This is Post Utme Unilorin 2018 Accounting Question 2. It is one of the objective questions from the 2018 Post Utme Unilorin Accounting examination.

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