Post Utme Futo 2021 Accounting Question 26
Practice objective / multiple choice question 26 from the 2021 Post Utme Futo Accounting examination.
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 cost of production is ₦1,500,000, and the selling price of product X is ₦2,000 per unit, while that of product Y is ₦1,500 per unit, what is the profit made by the company per day?
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About This Question
This is Post Utme Futo 2021 Accounting Question 26. It is one of the objective questions from the 2021 Post Utme Futo Accounting examination.
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