Post Utme Nile University 2017 Accounting Question 8

Practice objective / multiple choice question 8 from the 2017 Post Utme Nile University Accounting examination.

Post Utme Nile University 2017 Accounting Objective / Multiple Choice
Question 8 POST_UTME_NILE_UNIVERSITY • 2017 • ACCOUNTING • objective

A company manufactures 1,000 units of a product at a cost of ₦50 per unit. The selling price is ₦75 per unit. Calculate the gross profit for the year.

Answer Options

A. ₦25,000
B. ₦30,000
Correct Answer C. ₦35,000
D. ₦40,000
Correct Answer
C
Correct Option:
₦35,000

About This Question

This is Post Utme Nile University 2017 Accounting Question 8. It is one of the objective questions from the 2017 Post Utme Nile University Accounting examination.

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