Post Utme Coal City University 2017 Accounting Question 16

Practice objective / multiple choice question 16 from the 2017 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2017 Accounting Objective / Multiple Choice
Question 16 POST_UTME_COAL_CITY_UNIVERSITY • 2017 • ACCOUNTING • objective

A company produces two products, X and Y. The selling price of X is ₦200 per unit and that of Y is ₦150 per unit. The company sells 300 units of X and 400 units of Y. If the total profit made from the sale of these products is ₦120,000, calculate the cost price of one unit of product X.

Answer Options

A. ₦100
B. ₦120
Correct Answer C. ₦150
D. ₦180
Correct Answer
C
Correct Option:
₦150

About This Question

This is Post Utme Coal City University 2017 Accounting Question 16. It is one of the objective questions from the 2017 Post Utme Coal City University Accounting examination.

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