Post Utme Caleb University 2018 Commerce Question 13

Practice objective / multiple choice question 13 from the 2018 Post Utme Caleb University Commerce examination.

Post Utme Caleb University 2018 Commerce Objective / Multiple Choice
Question 13 POST_UTME_CALEB_UNIVERSITY • 2018 • COMMERCE • objective

A company's cost of goods sold (COGS) is ₦1,000,000 and its selling price is ₦2,000,000. If it sells 5,000 units, what is its contribution margin?

Answer Options

A. ₦1,250,000
Correct Answer B. ₦1,500,000
C. ₦1,750,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,500,000

About This Question

This is Post Utme Caleb University 2018 Commerce Question 13. It is one of the objective questions from the 2018 Post Utme Caleb University Commerce examination.

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