Post Utme Unn 2019 Accounting Question 5

Practice objective / multiple choice question 5 from the 2019 Post Utme Unn Accounting examination.

Post Utme Unn 2019 Accounting Objective / Multiple Choice
Question 5 POST_UTME_UNN • 2019 • ACCOUNTING • objective

A company has a manufacturing department that produces a product at a cost of ₦50 per unit. The company sells the product at a price of ₦80 per unit. If the company produces 1,000 units, what is the gross profit?

Answer Options

A. ₦15,000
B. ₦20,000
C. ₦25,000
Correct Answer D. ₦30,000
Correct Answer
D
Correct Option:
₦30,000

About This Question

This is Post Utme Unn 2019 Accounting Question 5. It is one of the objective questions from the 2019 Post Utme Unn Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support