Post Utme Lead City University 2018 Accounting Question 35

Practice objective / multiple choice question 35 from the 2018 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2018 Accounting Objective / Multiple Choice
Question 35 POST_UTME_LEAD_CITY_UNIVERSITY • 2018 • ACCOUNTING • objective

A company uses a departmental accounting system. The company has two departments: Production and Sales. The Production department has a cost of ₦500,000 and a revenue of ₦1,000,000, while the Sales department has a cost of ₦200,000 and a revenue of ₦800,000. What is the total profit of the company?

Answer Options

A. ₦300,000
B. ₦400,000
Correct Answer C. ₦500,000
D. ₦600,000
Correct Answer
C
Correct Option:
₦500,000

About This Question

This is Post Utme Lead City University 2018 Accounting Question 35. It is one of the objective questions from the 2018 Post Utme Lead City University Accounting examination.

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