Post Utme Lasu 2022 Commerce Question 3

Practice objective / multiple choice question 3 from the 2022 Post Utme Lasu Commerce examination.

Post Utme Lasu 2022 Commerce Objective / Multiple Choice
Question 3 POST_UTME_LASU • 2022 • COMMERCE • objective

A firm's break-even point is the point at which its total revenue equals its total fixed costs. What is the name of the formula used to calculate the break-even point?

Answer Options

Correct Answer A. Break-even point = Fixed costs / (Selling price - Variable costs)
B. Break-even point = Fixed costs / (Selling price + Variable costs)
C. Break-even point = Fixed costs / (Selling price - Variable costs) x (1 + Tc)
D. Break-even point = Fixed costs / (Selling price + Variable costs) x (1 - Tc)
Correct Answer
A
Correct Option:
Break-even point = Fixed costs / (Selling price - Variable costs)

About This Question

This is Post Utme Lasu 2022 Commerce Question 3. It is one of the objective questions from the 2022 Post Utme Lasu Commerce examination.

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