Post Utme Skyline University 2022 Commerce Question 31
Practice objective / multiple choice question 31 from the 2022 Post Utme Skyline University Commerce examination.
A company is considering the introduction of a new product line. The product has a high fixed cost of ₦1.5 million and a variable cost of ₦500 per unit. The selling price of the product is ₦1,200 per unit. If the company expects to sell 5,000 units in the first year, what is the minimum revenue required to break even?
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About This Question
This is Post Utme Skyline University 2022 Commerce Question 31. It is one of the objective questions from the 2022 Post Utme Skyline University Commerce examination.
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