Post Utme Babcock University 2018 Accounting Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Babcock University Accounting examination.

Post Utme Babcock University 2018 Accounting Objective / Multiple Choice
Question 39 POST_UTME_BABCOCK_UNIVERSITY • 2018 • ACCOUNTING • objective

A company manufactures two products: X and Y. Product X has a selling price of ₦100 and a variable cost of ₦50. Product Y has a selling price of ₦200 and a variable cost of ₦100. What is the contribution margin ratio?

Answer Options

Correct Answer A. 50%
B. 60%
C. 70%
D. 80%
Correct Answer
A
Correct Option:
50%

About This Question

This is Post Utme Babcock University 2018 Accounting Question 39. It is one of the objective questions from the 2018 Post Utme Babcock University Accounting examination.

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