Post Utme Rhema University 2024 Commerce Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2024 Commerce Objective / Multiple Choice
Question 15 POST_UTME_RHEMA_UNIVERSITY • 2024 • COMMERCE • objective

A company is considering two different production processes to manufacture a product. Process A has a fixed cost of 10,000 and a variable cost of 5 per unit, while Process B has a fixed cost of 15,000 and a variable cost of 3 per unit. If the company produces 1000 units, what is the total cost of production using Process A?

Answer Options

Correct Answer A. 15,000
B. 16,000
C. 17,000
D. 18,000
Correct Answer
A
Correct Option:
15,000

About This Question

This is Post Utme Rhema University 2024 Commerce Question 15. It is one of the objective questions from the 2024 Post Utme Rhema University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support