Post Utme Rhema University 2021 Commerce Question 30

Practice objective / multiple choice question 30 from the 2021 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2021 Commerce Objective / Multiple Choice
Question 30 POST_UTME_RHEMA_UNIVERSITY • 2021 • COMMERCE • objective

A company is considering two different production processes: Process A, which involves a fixed cost of ₦100,000, and a variable cost of ₦50 per unit, and Process B, which involves a fixed cost of ₦150,000, and a variable cost of ₦30 per unit. If the company wants to produce 100 units, what is the total cost of Process A?

Answer Options

A. ₦5,500,000
Correct Answer B. ₦5,000,000
C. ₦4,500,000
D. ₦4,000,000
Correct Answer
B
Correct Option:
₦5,000,000

About This Question

This is Post Utme Rhema University 2021 Commerce Question 30. It is one of the objective questions from the 2021 Post Utme Rhema University Commerce examination.

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