Post Utme Summit University 2025 Commerce Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Summit University Commerce examination.

Post Utme Summit University 2025 Commerce Objective / Multiple Choice
Question 6 POST_UTME_SUMMIT_UNIVERSITY • 2025 • COMMERCE • objective

A company is considering the introduction of a new product line. The product has a high fixed cost of ₦10 million and a variable cost of ₦5,000 per unit. The selling price of the product is ₦15,000 per unit. If the company expects to sell 10,000 units, what is the minimum revenue required to break even?

Answer Options

A. ₦120 million
Correct Answer B. ₦125 million
C. ₦130 million
D. ₦135 million
Correct Answer
B
Correct Option:
₦125 million

About This Question

This is Post Utme Summit University 2025 Commerce Question 6. It is one of the objective questions from the 2025 Post Utme Summit University Commerce examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support