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
Explanation
Correct Option
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bustabaf
10 years ago
That question was incomplete. It didn't reveal the variable cost. That made it impossible to calculate unit cost of the good. Please, kindly correct it because of others that may face same question. Thank you.


