Post Utme Bowen University 2024 Accounting Question 38

Practice objective / multiple choice question 38 from the 2024 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2024 Accounting Objective / Multiple Choice
Question 38 POST_UTME_BOWEN_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has two departments: Manufacturing and Sales. The Manufacturing department has a fixed cost of ₦1,500,000 and a variable cost of ₦5 per unit produced. The Sales department has a fixed cost of ₦800,000 and a commission of 10% on sales. If the company sold 10,000 units at ₦200 each, what is the total profit?

Answer Options

A. ₦2,500,000
Correct Answer B. ₦3,200,000
C. ₦4,000,000
D. ₦5,500,000
Correct Answer
B
Correct Option:
₦3,200,000

About This Question

This is Post Utme Bowen University 2024 Accounting Question 38. It is one of the objective questions from the 2024 Post Utme Bowen University Accounting examination.

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