Post Utme Elizade University 2017 Accounting Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Elizade University Accounting examination.

Post Utme Elizade University 2017 Accounting Objective / Multiple Choice
Question 33 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ACCOUNTING • objective

A manufacturing company has the following departmental accounts: | Department | Sales | Cost of Goods Sold | Gross Profit | | --- | --- | --- | --- | | A | ₦ 100,000 | ₦ 60,000 | ₦ 40,000 | | B | ₦ 80,000 | ₦ 40,000 | ₦ 40,000 | | C | ₦ 120,000 | ₦ 80,000 | ₦ 40,000 | What is the total gross profit of the company?

Answer Options

A. ₦ 120,000
B. ₦ 160,000
Correct Answer C. ₦ 200,000
D. ₦ 240,000
Correct Answer
C
Correct Option:
₦ 200,000

About This Question

This is Post Utme Elizade University 2017 Accounting Question 33. It is one of the objective questions from the 2017 Post Utme Elizade University Accounting examination.

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