Post Utme Veritas University 2018 Commerce Question 25

Practice objective / multiple choice question 25 from the 2018 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2018 Commerce Objective / Multiple Choice
Question 25 POST_UTME_VERITAS_UNIVERSITY • 2018 • COMMERCE • objective

A company is considering two different production processes to manufacture a product. Process A involves a fixed cost of ₦50,000 and a variable cost of ₦20 per unit, while Process B involves a fixed cost of ₦30,000 and a variable cost of ₦30 per unit. If the company needs to produce 1000 units, what is the total cost of production under Process A?

Answer Options

Correct Answer A. ₦70,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦70,000

About This Question

This is Post Utme Veritas University 2018 Commerce Question 25. It is one of the objective questions from the 2018 Post Utme Veritas University Commerce examination.

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