Post Utme Ims U 2023 Commerce Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Ims U Commerce examination.

Post Utme Ims U 2023 Commerce Objective / Multiple Choice

Question 16 POST_UTME_IMS_U • 2023 • COMMERCE • objective

A company specializes in producing and selling a unique brand of chocolates. The production process involves several stages, including sourcing of raw materials, manufacturing, packaging, and distribution. Which of the following is an example of a cost that would be classified as a fixed cost in the production process?

Correct Answer A. Rent paid for the factory

B. Cost of raw materials used in production

C. Salaries paid to production staff

D. Cost of packaging materials

Correct Answer

Correct Option:

Rent paid for the factory

This is Post Utme Ims U 2023 Commerce Question 16. It is one of the objective questions from the 2023 Post Utme Ims U Commerce examination.

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