Post Utme Veritas University 2017 Accounting Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2017 Accounting Objective / Multiple Choice
Question 18 POST_UTME_VERITAS_UNIVERSITY • 2017 • ACCOUNTING • objective

A company uses the weighted average method to assign overhead costs to jobs. The total overhead costs for the month are ₦120,000, and the total direct labor hours for the month are 1,000 hours. If Job A requires 100 hours of direct labor and Job B requires 200 hours of direct labor, what is the overhead cost per direct labor hour?

Answer Options

A. ₦120
Correct Answer B. ₦150
C. ₦180
D. ₦200
Correct Answer
B
Correct Option:
₦150

About This Question

This is Post Utme Veritas University 2017 Accounting Question 18. It is one of the objective questions from the 2017 Post Utme Veritas University Accounting examination.

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