Post Utme Uniosun 2024 Accounting Question 31

Practice objective / multiple choice question 31 from the 2024 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2024 Accounting Objective / Multiple Choice
Question 31 POST_UTME_UNIOSUN • 2024 • ACCOUNTING • objective

A company produces two products, X and Y, using two machines, M1 and M2. The production process involves the following costs: | Product | Machine Hours | Labor Hours | Material Costs | | --- | --- | --- | --- | | X | 5 | 3 | ₦100 | | Y | 3 | 2 | ₦150 | The company operates for 120 hours and uses 40 labor hours. The total material cost is ₦18,000. What is the total cost of producing 30 units of product X?

Answer Options

A. ₦12,000
B. ₦15,000
Correct Answer C. ₦18,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦18,000

About This Question

This is Post Utme Uniosun 2024 Accounting Question 31. It is one of the objective questions from the 2024 Post Utme Uniosun Accounting examination.

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