Post Utme Aaua 2020 Commerce Question 21
Practice objective / multiple choice question 21 from the 2020 Post Utme Aaua Commerce examination.
A company is considering the introduction of a new product line. The product line has a high fixed cost of ₦500 million and a variable cost of ₦50,000 per unit. The selling price of the product is ₦75,000 per unit. If the company expects to sell 10,000 units, what is the minimum revenue required to break even?
Answer Options
About This Question
This is Post Utme Aaua 2020 Commerce Question 21. It is one of the objective questions from the 2020 Post Utme Aaua Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.