Post Utme Bowen University 2020 Commerce Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Bowen University Commerce examination.

Post Utme Bowen University 2020 Commerce Objective / Multiple Choice
Question 13 POST_UTME_BOWEN_UNIVERSITY • 2020 • COMMERCE • objective

A production process involves the following costs: fixed costs of ₦100,000, variable costs of ₦50 per unit, and a selling price of ₦75 per unit. If the company produces 10,000 units, what is the profit?

Answer Options

A. ₦250,000
Correct Answer B. ₦300,000
C. ₦350,000
D. ₦400,000
Correct Answer
B
Correct Option:
₦300,000

About This Question

This is Post Utme Bowen University 2020 Commerce Question 13. It is one of the objective questions from the 2020 Post Utme Bowen University Commerce examination.

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