Production Efficiency – NBC Institute

QTB – MAY 2017 – L1 – SA – Q2 – Mathematics.

A multiple-choice question calculating the variable cost per unit given total and fixed costs.

Question

A company produces 16,000 units of a product. The total cost of producing these units is N60,000. If the fixed cost is N12,000, the variable cost per unit of the output is:

A. N7.00
B. N6.00
C. N5.00
D. N4.00
E. N3.00

Answer

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Tags: Break-even Analysis, Costing, Fixed Costs, Production Efficiency, Variable Cost
Level: Level 1

Topic: Mathematics
Series: MAY 2017

MI – May 2024 – L1 – SA – Q8 – Costing Techniques

Identifies an activity that adds value in a Just-In-Time (JIT) production system.

Question

“Just-In-Time” works on a demand-pull basis and seeks to eliminate all waste and activities that do not add value. Which of the following activities adds value to a product?

A. Inspection time
B. Storage time
C. Processing time
D. Queuing time
E. Transport time

Answer

Find Related Questions by Tags, levels, etc.

Tags: Just-in-Time, Lean Manufacturing, Production Efficiency, Value-Adding Activities
Level: Level 1

Topic: Costing Techniques
Series: MAY 2024

QTB – MAY 2017 – L1 – SA – Q2 – Mathematics.

A multiple-choice question calculating the variable cost per unit given total and fixed costs.

Question

A company produces 16,000 units of a product. The total cost of producing these units is N60,000. If the fixed cost is N12,000, the variable cost per unit of the output is:

A. N7.00
B. N6.00
C. N5.00
D. N4.00
E. N3.00

Answer

Find Related Questions by Tags, levels, etc.

Tags: Break-even Analysis, Costing, Fixed Costs, Production Efficiency, Variable Cost
Level: Level 1

Topic: Mathematics
Series: MAY 2017

MI – May 2024 – L1 – SA – Q8 – Costing Techniques

Identifies an activity that adds value in a Just-In-Time (JIT) production system.

Question

“Just-In-Time” works on a demand-pull basis and seeks to eliminate all waste and activities that do not add value. Which of the following activities adds value to a product?

A. Inspection time
B. Storage time
C. Processing time
D. Queuing time
E. Transport time

Answer

Find Related Questions by Tags, levels, etc.

Tags: Just-in-Time, Lean Manufacturing, Production Efficiency, Value-Adding Activities
Level: Level 1

Topic: Costing Techniques
Series: MAY 2024

Question Tag: Production Efficiency

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QTB – MAY 2017 – L1 – SA – Q2 – Mathematics.

A multiple-choice question calculating the variable cost per unit given total and fixed costs.

MI – May 2024 – L1 – SA – Q8 – Costing Techniques

Identifies an activity that adds value in a Just-In-Time (JIT) production system.

QTB – MAY 2017 – L1 – SA – Q2 – Mathematics.

A multiple-choice question calculating the variable cost per unit given total and fixed costs.

MI – May 2024 – L1 – SA – Q8 – Costing Techniques

Identifies an activity that adds value in a Just-In-Time (JIT) production system.

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Question Tag: Production Efficiency

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QTB – MAY 2017 – L1 – SA – Q2 – Mathematics.

A multiple-choice question calculating the variable cost per unit given total and fixed costs.

You're reporting an error for "QTB – MAY 2017 – L1 – SA – Q2 – Mathematics."

MI – May 2024 – L1 – SA – Q8 – Costing Techniques

Identifies an activity that adds value in a Just-In-Time (JIT) production system.

You're reporting an error for "MI – May 2024 – L1 – SA – Q8 – Costing Techniques"

QTB – MAY 2017 – L1 – SA – Q2 – Mathematics.

A multiple-choice question calculating the variable cost per unit given total and fixed costs.

You're reporting an error for "QTB – MAY 2017 – L1 – SA – Q2 – Mathematics."

MI – May 2024 – L1 – SA – Q8 – Costing Techniques

Identifies an activity that adds value in a Just-In-Time (JIT) production system.

You're reporting an error for "MI – May 2024 – L1 – SA – Q8 – Costing Techniques"

Our offerings

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Customer

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