How much is the unrealized profit?

By: |Published on: Dec 8|Categories: Accounting JAMB| 0 comments

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.

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

Correct Answer:

Option A – N2000

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