Post Utme Achievers University 2018 Commerce Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Achievers University Commerce examination.

Post Utme Achievers University 2018 Commerce Objective / Multiple Choice
Question 22 POST_UTME_ACHIEVERS_UNIVERSITY • 2018 • COMMERCE • objective

A firm's break-even point is the point at which its total revenue equals its total fixed and variable costs. Which of the following is a correct formula for calculating the break-even point?

Answer Options

Correct Answer A. BEQ = Total Revenue / (Fixed Costs + Variable Costs)
B. BEQ = Total Revenue - (Fixed Costs + Variable Costs)
C. BEQ = (Fixed Costs + Variable Costs) / Total Revenue
D. BEQ = Total Revenue - Fixed Costs + Variable Costs
Correct Answer
A
Correct Option:
BEQ = Total Revenue / (Fixed Costs + Variable Costs)

About This Question

This is Post Utme Achievers University 2018 Commerce Question 22. It is one of the objective questions from the 2018 Post Utme Achievers University Commerce examination.

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