Post Utme Uniport 2019 Accounting Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Uniport Accounting examination.

Post Utme Uniport 2019 Accounting Objective / Multiple Choice
Question 27 POST_UTME_UNIPORT • 2019 • ACCOUNTING • objective

A company, XYZ Ltd, has a manufacturing department that produces a product at a cost of ₦100 per unit. The selling price of the product is ₦150 per unit. If the company sells 1,000 units of the product, calculate the gross profit.

Answer Options

A. ₦50,000
B. ₦75,000
Correct Answer C. ₦100,000
D. ₦125,000
Correct Answer
C
Correct Option:
₦100,000

About This Question

This is Post Utme Uniport 2019 Accounting Question 27. It is one of the objective questions from the 2019 Post Utme Uniport Accounting examination.

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