Accounting 9706 · AS & A Level · Costs and cost behaviour

Costs and cost behaviour — practice question

FPL Limited makes a single product type. Its sales staff are paid $10\%$ commission on the selling price.
(a)[4]

Prepare a marginal cost income statement for the quarter ended 30 September 2016.

(b)[2]

Calculate the break-even point, in units, for this quarter.

(c(i))[4]

Calculate how many units must be sold per quarter to make a profit of $20\,000$ under Proposal A.

(c(ii))[6]

Calculate how many units must be sold per quarter to make a profit of $20\,000$ under Proposal B.

(d)[8]

Recommend to the directors which proposal they ought to choose. Support your answer by weighing up the advantages and disadvantages of each proposal.

(e)[6]

State three advantages and three disadvantages of a budget-preparation system.

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