Post Utme Wellspring University 2020 Accounting Question 16

A company uses the process costing method to account for its manufacturing costs. The company has two departments: Cutting and Assembly. The Cutting department has a beginning work-in-process inventory of ₦120,000 and adds ₦150,000 of direct materials and ₦80,000 of direct labor during the period. The Assembly department has a beginning work-in-process inventory of ₦90,000 and adds ₦120,000 of direct materials and ₦60,000 of direct labor during the period. The total cost of goods manufactured by the Cutting department is ₦420,000, and the total cost of goods manufactured by the Assembly department is ₦360,000. What is the total cost of goods manufactured by the company?