Post Utme Skyline University 2020 Accounting Question 24

Practice objective / multiple choice question 24 from the 2020 Post Utme Skyline University Accounting examination.

Post Utme Skyline University 2020 Accounting Objective / Multiple Choice
Question 24 POST_UTME_SKYLINE_UNIVERSITY • 2020 • ACCOUNTING • objective

A company produces two products, X and Y. Product X has a selling price of ₦100 and a variable cost of ₦60. Product Y has a selling price of ₦120 and a variable cost of ₦80. If the company sells 100 units of product X and 50 units of product Y, what is the total contribution margin?

Answer Options

A. ₦10,000
Correct Answer B. ₦12,000
C. ₦15,000
D. ₦20,000
Correct Answer
B
Correct Option:
₦12,000

About This Question

This is Post Utme Skyline University 2020 Accounting Question 24. It is one of the objective questions from the 2020 Post Utme Skyline University Accounting examination.

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