Post Utme Aaua 2019 Commerce Question 18

Practice objective / multiple choice question 18 from the 2019 Post Utme Aaua Commerce examination.

Post Utme Aaua 2019 Commerce Objective / Multiple Choice
Question 18 POST_UTME_AAUA • 2019 • COMMERCE • objective

A firm is considering two different production processes: process A and process B. Process A has a fixed cost of ₦100,000 and a variable cost of ₦50 per unit, while process B has a fixed cost of ₦150,000 and a variable cost of ₦30 per unit. If the firm produces 10,000 units, what is the total cost of production for each process?

Answer Options

A. ₦500,000
B. ₦600,000
Correct Answer C. ₦700,000
D. ₦800,000
Correct Answer
C
Correct Option:
₦700,000

About This Question

This is Post Utme Aaua 2019 Commerce Question 18. It is one of the objective questions from the 2019 Post Utme Aaua Commerce examination.

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