Post Utme Rhema University 2022 Commerce Question 7

Practice objective / multiple choice question 7 from the 2022 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2022 Commerce Objective / Multiple Choice
Question 7 POST_UTME_RHEMA_UNIVERSITY • 2022 • 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) / (Selling Price - Variable Costs)
B. BEQ = (Fixed Costs + Variable Costs) / Selling Price
C. BEQ = (Selling Price - Variable Costs) / Fixed Costs
D. BEQ = (Fixed Costs) / (Selling Price + Variable Costs)
Correct Answer
A
Correct Option:
BEQ = (Fixed Costs) / (Selling Price - Variable Costs)

About This Question

This is Post Utme Rhema University 2022 Commerce Question 7. It is one of the objective questions from the 2022 Post Utme Rhema University Commerce examination.

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