Post Utme Lasu 2019 Commerce Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Lasu Commerce examination.

Post Utme Lasu 2019 Commerce Objective / Multiple Choice
Question 27 POST_UTME_LASU • 2019 • COMMERCE • objective

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

Answer Options

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

About This Question

This is Post Utme Lasu 2019 Commerce Question 27. It is one of the objective questions from the 2019 Post Utme Lasu Commerce examination.

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