Post Utme Skyline University 2020 Commerce Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Skyline University Commerce examination.

Post Utme Skyline University 2020 Commerce Objective / Multiple Choice
Question 34 POST_UTME_SKYLINE_UNIVERSITY • 2020 • COMMERCE • objective

A company's production process involves the following costs: fixed costs of ₦1,000,000 and variable costs of ₦500 per unit produced. If the company produces 1,000 units, what is its total cost?

Answer Options

A. ₦1,500,000
B. ₦2,000,000
Correct Answer C. ₦2,500,000
D. ₦3,000,000
Correct Answer
C
Correct Option:
₦2,500,000

About This Question

This is Post Utme Skyline University 2020 Commerce Question 34. It is one of the objective questions from the 2020 Post Utme Skyline University Commerce examination.

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