Post Utme Aaua 2017 Commerce Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Aaua Commerce examination.

Post Utme Aaua 2017 Commerce Objective / Multiple Choice
Question 14 POST_UTME_AAUA • 2017 • COMMERCE • objective

A company is considering exporting its product to a foreign market. The company has a fixed cost of ₦500,000 and a variable cost of ₦200 per unit. The company expects to sell 1,000 units in the foreign market. Calculate the company's total revenue and profit.

Answer Options

Correct Answer A. Total revenue: ₦250,000; Total profit: ₦250,000
B. Total revenue: ₦250,000; Total profit: ₦50,000
C. Total revenue: ₦250,000; Total profit: ₦200,000
D. Total revenue: ₦250,000; Total profit: ₦300,000
Correct Answer
A
Correct Option:
Total revenue: ₦250,000; Total profit: ₦250,000

About This Question

This is Post Utme Aaua 2017 Commerce Question 14. It is one of the objective questions from the 2017 Post Utme Aaua Commerce examination.

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