Q48 – Given N800 as a contribution per unit of commodities sold of 1000 units where fixed cost is N500,000; what is the profit?

Given N800 as a contribution per unit of commodities sold of 1000 units where fixed cost is N500,000; what is the profit?
N500,000
N400,000
N300,000
N200,000

 

TO PREPARE FOR YOUR ACC306 EXAMS – CLICK HERE TO GET THE ACC306 EXAMS SUMMARY FOR #1000