Post Utme Rhema University 2020 Commerce Question 3

Practice objective / multiple choice question 3 from the 2020 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2020 Commerce Objective / Multiple Choice
Question 3 POST_UTME_RHEMA_UNIVERSITY • 2020 • COMMERCE • objective

A firm's break-even point is the point at which its total revenue equals its total fixed costs. If a firm's total fixed costs are ₦50,000 and its selling price per unit is ₦20,000, what is its break-even point if it sells 100 units?

Answer Options

A. ₦2,000,000
Correct Answer B. ₦2,500,000
C. ₦3,000,000
D. ₦3,500,000
Correct Answer
B
Correct Option:
₦2,500,000

About This Question

This is Post Utme Rhema University 2020 Commerce Question 3. It is one of the objective questions from the 2020 Post Utme Rhema University Commerce examination.

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