Question 49
Farm Management and RecordsThe table below illustrates a farm record for Goodness Farms in the year 1970.
4th June: 362 hens, 176 eggs collected, 96 eggs sold
5th June: 360 hens, 199 eggs collected, 108 eggs sold
6th June: 360 hens, 177 eggs collected, 48 eggs sold
If all the unsold eggs were later sold on 7th June at N5.00 per crate, calculate the income from unsold eggs. (Assuming a crate = 30 eggs)
- A.N40.00
- B.N45.00
- C.N50.00
- D.N55.00
Show the answer and explanation
Answer: C (N50.00)
Explanation
Unsold = 552 − 252 = 300 eggs = 10 crates; 10 × N5 = N50.