Post Utme Coal City University 2021 Accounting Question 4

Practice objective / multiple choice question 4 from the 2021 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2021 Accounting Objective / Multiple Choice
Question 4 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A company produces two products, X and Y. The selling price of X is ₦100 per unit, and the selling price of Y is ₦150 per unit. The variable costs of X and Y are ₦50 per unit and ₦75 per unit, respectively. The fixed costs are ₦50,000 per month. If the company sells 100 units of X and 50 units of Y in a month, what is the total profit?

Answer Options

A. ₦25,000
B. ₦30,000
Correct Answer C. ₦35,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦35,000

About This Question

This is Post Utme Coal City University 2021 Accounting Question 4. It is one of the objective questions from the 2021 Post Utme Coal City University Accounting examination.

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