Post Utme Unilorin 2023 Accounting Question 33

Practice objective / multiple choice question 33 from the 2023 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2023 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNILORIN • 2023 • ACCOUNTING • objective

A company manufactures two products, X and Y. Product X has a variable cost of ₦100 per unit and a fixed cost of ₦50,000. Product Y has a variable cost of ₦80 per unit and a fixed cost of ₦30,000. If the selling price of Product X is ₦150 per unit and Product Y is ₦120 per unit, and the company sells 200 units of Product X and 300 units of Product Y, what is the total profit?

Answer Options

A. ₦120,000
Correct Answer B. ₦150,000
C. ₦180,000
D. ₦200,000
Correct Answer
B
Correct Option:
₦150,000

About This Question

This is Post Utme Unilorin 2023 Accounting Question 33. It is one of the objective questions from the 2023 Post Utme Unilorin Accounting examination.

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