A company has two departments X and Y. Y transferred goods to X at a...

FINANCIAL
JAMB 2003

A company has two departments X and Y. Y transferred goods to X at a profit margin of 25%. N10,000 worth of goods was not sold at the end of the accounting period. How much is the unrealized profit?

  • A. N2000
  • B. N2500
  • C. 12000
  • D. 12500

Correct Answer: A. N2000



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