Post Utme Redeemers University 2023 Accounting Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2023 Accounting Objective / Multiple Choice
Question 4 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ACCOUNTING • objective

A company produces two products, X and Y. Product X has a selling price of 10 and a variable cost of 6. Product Y has a selling price of 15 and a variable cost of 9. If the company produces 100 units of Product X and 50 units of Product Y, what is the total contribution margin?

Answer Options

A. 1,000
Correct Answer B. 1,500
C. 2,000
D. 2,500
Correct Answer
B
Correct Option:
1,500

About This Question

This is Post Utme Redeemers University 2023 Accounting Question 4. It is one of the objective questions from the 2023 Post Utme Redeemers University Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support