Post Utme Greenfield University 2021 Commerce Question 32

Practice objective / multiple choice question 32 from the 2021 Post Utme Greenfield University Commerce examination.

Post Utme Greenfield University 2021 Commerce Objective / Multiple Choice
Question 32 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • COMMERCE • objective

A company has a production process that involves the use of a patented machine. The company's production costs are ₦500,000 per unit, and the selling price is ₦1,200,000 per unit. If the company produces 1,000 units, what is the total revenue?

Answer Options

A. ₦1,200,000,000
B. ₦1,200,000,000
C. ₦1,200,000,000
Correct Answer D. ₦1,200,000,000
Correct Answer
D
Correct Option:
₦1,200,000,000

About This Question

This is Post Utme Greenfield University 2021 Commerce Question 32. It is one of the objective questions from the 2021 Post Utme Greenfield University Commerce examination.

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