Post Utme Rsu 2021 Commerce Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Rsu Commerce examination.

Post Utme Rsu 2021 Commerce Objective / Multiple Choice
Question 7 POST_UTME_RSU • 2021 • 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. 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. ₦1,500,000
Correct Answer B. ₦1,650,000
C. ₦1,800,000
D. ₦2,000,000
Correct Answer
B
Correct Option:
₦1,650,000

About This Question

This is Post Utme Rsu 2021 Commerce Question 7. It is one of the objective questions from the 2021 Post Utme Rsu Commerce examination.

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