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 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

jamb 2003 accounting

The correct answer is A. N2000

No explanation given

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