Post Utme Lead City University 2018 Accounting Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2018 Accounting Objective / Multiple Choice
Question 22 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

A manufacturing company has a production cost of ₦500 per unit. If it sells 1,000 units at ₦600 each, what is the gross profit?

Answer Options

A. ₦100,000
B. ₦150,000
Correct Answer C. ₦200,000
D. ₦250,000
Correct Answer
C
Correct Option:
₦200,000

About This Question

This is Post Utme Lead City University 2018 Accounting Question 22. It is one of the objective questions from the 2018 Post Utme Lead City University Accounting examination.

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