In a small scale business, the fixed cost is N5,000, variable cost is N15,000 and…

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
Explanation
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