Post Utme Madonna University 2021 Commerce Question 31

Practice objective / multiple choice question 31 from the 2021 Post Utme Madonna University Commerce examination.

Post Utme Madonna University 2021 Commerce Objective / Multiple Choice
Question 31 POST_UTME_MADONNA_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering the introduction of a new product line. The product has a high demand, but the production costs are also high. The company's marketing manager has estimated that the product will generate a revenue of ₦120,000 per unit, but the production cost per unit is ₦80,000. The company's financial manager has estimated that the company's tax rate is 25%. What is the company's net profit per unit if it produces and sells 1,000 units of the product?

Answer Options

Correct Answer A. ₦40,000
B. ₦30,000
C. ₦20,000
D. ₦10,000
Correct Answer
A
Correct Option:
₦40,000

About This Question

This is Post Utme Madonna University 2021 Commerce Question 31. It is one of the objective questions from the 2021 Post Utme Madonna University Commerce examination.

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