Post Utme Joseph Ayo Babalola University 2023 Commerce Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2023 Commerce Objective / Multiple Choice
Question 18 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2023 • COMMERCE • objective

A producer is considering two different production methods: mass production and batch production. The cost of producing one unit using mass production is ₦100, while the cost of producing one unit using batch production is ₦120. If the producer needs to produce 100 units, what is the total cost of production using mass production and batch production respectively?

Answer Options

A. ₦10,000 for mass production and ₦12,000 for batch production
B. ₦12,000 for mass production and ₦10,000 for batch production
Correct Answer C. ₦10,000 for mass production and ₦10,000 for batch production
D. ₦12,000 for mass production and ₦12,000 for batch production
Correct Answer
C
Correct Option:
₦10,000 for mass production and ₦10,000 for batch production

About This Question

This is Post Utme Joseph Ayo Babalola University 2023 Commerce Question 18. It is one of the objective questions from the 2023 Post Utme Joseph Ayo Babalola University Commerce examination.

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