Post Utme Uniosun 2017 Commerce Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2017 Commerce Objective / Multiple Choice
Question 7 POST_UTME_UNIOSUN • 2017 • COMMERCE • objective

A firm is considering two different production processes to produce a product. 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

Correct Answer A. Process A: ₦1,550,000; Process B: ₦1,350,000
B. Process A: ₦1,350,000; Process B: ₦1,550,000
C. Process A: ₦1,500,000; Process B: ₦1,400,000
D. Process A: ₦1,400,000; Process B: ₦1,500,000
Correct Answer
A
Correct Option:
Process A: ₦1,550,000; Process B: ₦1,350,000

About This Question

This is Post Utme Uniosun 2017 Commerce Question 7. It is one of the objective questions from the 2017 Post Utme Uniosun Commerce examination.

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