Post Utme Joseph Ayo Babalola University 2021 Accounting Question 26

Practice objective / multiple choice question 26 from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2021 Accounting Objective / Multiple Choice
Question 26 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • ACCOUNTING • objective

A company produces two products, X and Y, which require different amounts of labor and raw materials. The production process for X requires 2 hours of labor and 1 unit of raw material, while Y requires 3 hours of labor and 2 units of raw material. If the company has 120 hours of labor and 100 units of raw material available, how many units of X and Y should be produced to maximize profit, given that the selling price of X is ₦500 per unit and Y is ₦600 per unit?

Answer Options

A. 40 units of X and 30 units of Y
Correct Answer B. 30 units of X and 40 units of Y
C. 50 units of X and 20 units of Y
D. 20 units of X and 50 units of Y
Correct Answer
B
Correct Option:
30 units of X and 40 units of Y

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Accounting Question 26. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Accounting examination.

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