Post Utme Al Hikmah University 2023 Commerce Question 24

Practice objective / multiple choice question 24 from the 2023 Post Utme Al Hikmah University Commerce examination.

Post Utme Al Hikmah University 2023 Commerce Objective / Multiple Choice
Question 24 POST_UTME_AL-HIKMAH_UNIVERSITY • 2023 • COMMERCE • objective

A firm's break-even point is ₦50,000. If its fixed costs are ₦20,000 and its selling price is ₦100,000, what is the contribution margin?

Answer Options

A. ₦30,000
B. ₦40,000
Correct Answer C. ₦50,000
D. ₦60,000
Correct Answer
C
Correct Option:
₦50,000

About This Question

This is Post Utme Al Hikmah University 2023 Commerce Question 24. It is one of the objective questions from the 2023 Post Utme Al Hikmah University Commerce examination.

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