Post Utme Unn 2021 Accounting Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Unn Accounting examination.

Post Utme Unn 2021 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNN • 2021 • ACCOUNTING • objective

A company's manufacturing overheads for the year ended 31st December 2020 were ₦1,200,000. The company's direct labor hours for the year were 10,000 hours. The company's predetermined overhead rate is ₦120 per hour. Calculate the company's under/over recovery of overheads for the year.

Answer Options

A. ₦200,000 under-recovery
Correct Answer B. ₦200,000 over-recovery
C. ₦200,000 under-recovery
D. ₦200,000 over-recovery
Correct Answer
B
Correct Option:
₦200,000 over-recovery

About This Question

This is Post Utme Unn 2021 Accounting Question 33. It is one of the objective questions from the 2021 Post Utme Unn Accounting examination.

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