Post Utme Lasu 2020 Accounting Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Lasu Accounting examination.

Post Utme Lasu 2020 Accounting Objective / Multiple Choice
Question 8 POST_UTME_LASU • 2020 • ACCOUNTING • objective

A manufacturing company has a production cost of ₦1,000,000 and a selling price of ₦1,500,000. If the company sells 1,000 units, what is the gross profit?

Answer Options

A. ₦500,000
B. ₦750,000
C. ₦1,000,000
Correct Answer D. ₦1,250,000
Correct Answer
D
Correct Option:
₦1,250,000

About This Question

This is Post Utme Lasu 2020 Accounting Question 8. It is one of the objective questions from the 2020 Post Utme Lasu Accounting examination.

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