In a small scale business, the fixed cost is N5,000, variable cost is N15,000 and the output is 500 units. What will be the unit cost of the goods?
A. N400.00
B. N80.00
C. N40.00
D. N20.00
Correct Answer:
Option C – N40.00
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
100 Level Department of Food Technology exam questions and detailed answers. Download the answers in document…
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400 Level Department of Entrepreneurship Development Centre exam questions and detailed answers. Download the answers in…