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Factory cost of production

Accounts - Principles of Accounts
JAMB 2025

Factory cost of production

  • A. #52,750
  • B. #53,300
  • C. #56,300
  • D. #45,500
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Correct Answer: Option C
Explanation

Factory cost of production = Prime cost + Factory overheads
= 52,950 + (2,800 + 3,200 + 350)
= 52,950 + 6,350 = 56,300.

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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post UTME Past Questions Agent
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts