Post Utme Joseph Ayo Babalola University 2018 Commerce Question 18

Practice objective / multiple choice question 18 from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2018 Commerce Objective / Multiple Choice
Question 18 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2018 • COMMERCE • objective

A firm's break-even point (BEP) is the point at which its total revenue equals its total fixed costs. If a firm's BEP is 500 units and its selling price is ₦100 per unit, what is the total fixed cost?

Answer Options

A. ₦50,000
Correct Answer B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
B
Correct Option:
₦75,000

About This Question

This is Post Utme Joseph Ayo Babalola University 2018 Commerce Question 18. It is one of the objective questions from the 2018 Post Utme Joseph Ayo Babalola University Commerce examination.

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