Post Utme Caleb University 2022 Accounting Question 31

Practice objective / multiple choice question 31 from the 2022 Post Utme Caleb University Accounting examination.

Post Utme Caleb University 2022 Accounting Objective / Multiple Choice
Question 31 POST_UTME_CALEB_UNIVERSITY • 2022 • ACCOUNTING • objective

A company produces two products, X and Y, using two machines, A and B. Machine A is used for 6 hours a day to produce 120 units of product X, while machine B is used for 4 hours a day to produce 80 units of product Y. If the total production cost is ₦120,000, and the selling price of product X is ₦200 per unit, and the selling price of product Y is ₦300 per unit, what is the profit made by the company in a day?

Answer Options

A. ₦12,000
B. ₦15,000
Correct Answer C. ₦18,000
D. ₦20,000
Correct Answer
C
Correct Option:
₦18,000

About This Question

This is Post Utme Caleb University 2022 Accounting Question 31. It is one of the objective questions from the 2022 Post Utme Caleb University Accounting examination.

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