Post Utme Coal City University 2022 Commerce Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Coal City University Commerce examination.

Post Utme Coal City University 2022 Commerce Objective / Multiple Choice
Question 19 POST_UTME_COAL_CITY_UNIVERSITY • 2022 • COMMERCE • objective

A company is considering exporting its product to a foreign market. The company's production costs are as follows: labor costs = ₦50 per unit, raw materials costs = ₦30 per unit, and other costs = ₦20 per unit. If the company expects to sell the product for ₦150 per unit in the foreign market, what is the company's profit per unit?

Answer Options

A. ₦50
B. ₦60
Correct Answer C. ₦70
D. ₦80
Correct Answer
C
Correct Option:
₦70

About This Question

This is Post Utme Coal City University 2022 Commerce Question 19. It is one of the objective questions from the 2022 Post Utme Coal City University Commerce examination.

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