Post Utme Joseph Ayo Babalola University 2023 Accounting Question 14

Practice objective / multiple choice question 14 from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

Post Utme Joseph Ayo Babalola University 2023 Accounting Objective / Multiple Choice
Question 14 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • ACCOUNTING • objective

A company has two departments: A and B. Department A has a sales revenue of ₦500,000 and a cost of goods sold of ₦300,000. Department B has a sales revenue of ₦750,000 and a cost of goods sold of ₦450,000. What is the total gross profit of the company?

Answer Options

A. ₦1,250,000
B. ₦1,375,000
Correct Answer C. ₦1,500,000
D. ₦1,625,000
Correct Answer
C
Correct Option:
₦1,500,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Accounting Question 14. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Accounting examination.

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