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Given selling price is Rs 10 per unit, variable cost is Rs 6 per unit and fixed cost is Rs 5,000. What is break-even point?

A. 500 units

B. 1,000 units

C. 1,250 units

D. None of the above

Solution by Mcqs Clouds

Answer: Option C

Explanation:
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Time value of money indicates that

A. A unit of money obtained today is worth more than a unit of money obtained in future

B. A unit of money obtained today is worth less than a unit of money obtained in future

C. There is no difference in the value of money obtained today and tomorrow

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