Post Utme Unilorin 2022 Commerce Question 6
Practice objective / multiple choice question 6 from the 2022 Post Utme Unilorin Commerce examination.
A company is considering the introduction of a new product line. The product has a high fixed cost of ₦5 million and a variable cost of ₦10,000 per unit. The selling price of the product is ₦20,000 per unit. If the company expects to sell 10,000 units, what is the minimum revenue required to break even?
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About This Question
This is Post Utme Unilorin 2022 Commerce Question 6. It is one of the objective questions from the 2022 Post Utme Unilorin Commerce examination.
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