Post Utme Uniosun 2021 Accounting Question 20

Practice objective / multiple choice question 20 from the 2021 Post Utme Uniosun Accounting examination.

Post Utme Uniosun 2021 Accounting Objective / Multiple Choice
Question 20 POST_UTME_UNIOSUN • 2021 • ACCOUNTING • objective

A manufacturing company produces two products: A and B. Product A has a selling price of ₦100,000 and a variable cost of ₦60,000. Product B has a selling price of ₦80,000 and a variable cost of ₦40,000. What is the contribution margin ratio for Product A?

Answer Options

Correct Answer A. 60%
B. 70%
C. 80%
D. 90%
Correct Answer
A
Correct Option:
60%

About This Question

This is Post Utme Uniosun 2021 Accounting Question 20. It is one of the objective questions from the 2021 Post Utme Uniosun Accounting examination.

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