Post Utme Covenant University 2019 Commerce Question 13

Practice objective / multiple choice question 13 from the 2019 Post Utme Covenant University Commerce examination.

Post Utme Covenant University 2019 Commerce Objective / Multiple Choice
Question 13 POST_UTME_COVENANT_UNIVERSITY • 2019 • COMMERCE • objective

A sole trader has a business that specializes in producing and selling handmade crafts. The business has a fixed cost of ₦50,000 per month and a variable cost of ₦10 per unit sold. The selling price of each unit is ₦20. What is the break-even point for the business?

Answer Options

A. 100 units
Correct Answer B. 200 units
C. 500 units
D. 1000 units
Correct Answer
B
Correct Option:
200 units

About This Question

This is Post Utme Covenant University 2019 Commerce Question 13. It is one of the objective questions from the 2019 Post Utme Covenant University Commerce examination.

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