Neco 2024 Commerce Question 34
Practice objective / multiple choice question 34 from the 2024 Neco Commerce examination.
A manager's memo states: "Our monthly fixed costs are \(\text{₦}150,000\). The selling price per unit is \(\text{₦}12,000\). Variable cost per unit is 40\% of the selling price. To achieve a target profit of \(\text{₦}90,000\), we need to sell a certain number of units." How many whole units must be sold to meet the target profit?
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About This Question
This is Neco 2024 Commerce Question 34. It is one of the objective questions from the 2024 Neco Commerce examination.
Difficulty level: Medium .
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