Post Utme Joseph Ayo Babalola University 2019 Accounting Question 23

Practice objective / multiple choice question 23 from the 2019 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2019 Accounting Objective / Multiple Choice
Question 23 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • ACCOUNTING • objective

A company has the following departmental accounts: Manufacturing Department: Cost of Goods Sold \1,000,000, Depreciation \200,000, Gross Profit \800,000; Selling Department: Cost of Goods Sold \500,000, Operating Expenses \200,000, Net Income \100,000. What is the company's total gross profit?

Answer Options

A. \1,600,000
Correct Answer B. \1,800,000
C. \2,000,000
D. \2,200,000
Correct Answer
B
Correct Option:
\1,800,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Accounting Question 23. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Accounting examination.

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