Post Utme Joseph Ayo Babalola University 2020 Commerce Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Joseph Ayo Babalola University Commerce examination.

Post Utme Joseph Ayo Babalola University 2020 Commerce Objective / Multiple Choice
Question 2 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2020 • COMMERCE • objective

A company's break-even point is the point at which its total revenue equals its total fixed costs and variable costs. What is the formula for calculating the break-even point?

Answer Options

A. Break-even point = Fixed costs / Variable costs
Correct Answer B. Break-even point = Total revenue / Total fixed costs
C. Break-even point = Total fixed costs + Total variable costs
D. Break-even point = Total revenue - Total fixed costs
Correct Answer
B
Correct Option:
Break-even point = Total revenue / Total fixed costs

About This Question

This is Post Utme Joseph Ayo Babalola University 2020 Commerce Question 2. It is one of the objective questions from the 2020 Post Utme Joseph Ayo Babalola University Commerce examination.

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