Post Utme Uniosun 2018 Accounting Question 1

Practice objective / multiple choice question 1 from the 2018 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2018 Accounting Objective / Multiple Choice
Question 1 POST_UTME_UNIOSUN • 2018 • ACCOUNTING • objective

A company's manufacturing overheads for the year ended December 31, 2022, were as follows: Direct Materials: ₦120,000 Direct Labour: ₦150,000 Indirect Labour: ₦80,000 Indirect Materials: ₦60,000 Depreciation: ₦40,000 Rent and Rates: ₦20,000 Insurance: ₦15,000 Power and Fuel: ₦30,000 Total: ₦515,000 Calculate the manufacturing overhead absorption rate per unit of production.

Answer Options

A. ₦10 per unit
B. ₦12 per unit
Correct Answer C. ₦15 per unit
D. ₦18 per unit
Correct Answer
C
Correct Option:
₦15 per unit

About This Question

This is Post Utme Uniosun 2018 Accounting Question 1. It is one of the objective questions from the 2018 Post Utme Uniosun Accounting examination.

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