Post Utme Unilag 2023 Accounting Question 21

Practice objective / multiple choice question 21 from the 2023 Post Utme Unilag Accounting examination.

Post Utme Unilag 2023 Accounting Objective / Multiple Choice
Question 21 POST_UTME_UNILAG • 2023 • ACCOUNTING • objective

A company produces two products, X and Y. Product X has a variable cost of ₦120 per unit and a fixed cost of ₦150,000. Product Y has a variable cost of ₦180 per unit and a fixed cost of ₦200,000. If the selling price of Product X is ₦250 per unit and the selling price of Product Y is ₦300 per unit, and the company produces 200 units of Product X and 150 units of Product Y, what is the total profit?

Answer Options

A. ₦150,000
B. ₦200,000
Correct Answer C. ₦250,000
D. ₦300,000
Correct Answer
C
Correct Option:
₦250,000

About This Question

This is Post Utme Unilag 2023 Accounting Question 21. It is one of the objective questions from the 2023 Post Utme Unilag Accounting examination.

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