Post Utme Ims U 2017 Accounting Question 17

Practice objective / multiple choice question 17 from the 2017 Post Utme Ims U Accounting examination.

Post Utme Ims U 2017 Accounting Objective / Multiple Choice
Question 17 POST_UTME_IMS_U • 2017 • ACCOUNTING • objective
SHARED STIMULUS
The company's total revenue is ₦15,000.

A manufacturing company produces two products, A and B. The selling price of product A is ₦50 per unit, and the variable cost is ₦20 per unit. The selling price of product B is ₦75 per unit, and the variable cost is ₦30 per unit. If the company produces 100 units of product A and 50 units of product B, what is the total contribution margin?

Answer Options

A. ₦3,500
B. ₦4,000
Correct Answer C. ₦4,500
D. ₦5,000
Correct Answer
C
Correct Option:
₦4,500

About This Question

This is Post Utme Ims U 2017 Accounting Question 17. It is one of the objective questions from the 2017 Post Utme Ims U Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support