Post Utme Veritas University 2021 Accounting Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2021 Accounting Objective / Multiple Choice
Question 27 POST_UTME_VERITAS_UNIVERSITY • 2021 • ACCOUNTING • objective

A manufacturing company produces 1,000 units of a product. The cost of direct materials is ₦50 per unit, and the cost of direct labor is ₦30 per unit. The overhead cost is ₦20 per unit. What is the total cost of production?

Answer Options

A. ₦80,000
B. ₦90,000
Correct Answer C. ₦100,000
D. ₦110,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Veritas University 2021 Accounting Question 27. It is one of the objective questions from the 2021 Post Utme Veritas University Accounting examination.

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