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

Costs and cost behaviour — practice question

A company charges $12 for each batch of a product. Each batch has a variable cost of $4. Fixed costs are absorbed using a normal activity level of 100 batches at $3 per batch. Under marginal costing, what profit is earned if the company produces and sells 125 batches?

  • A$500
  • B$625
  • C$700
  • D$1000

Worked solution & mark scheme

This 1-mark question has a full step-by-step worked solution and mark scheme.

  • Full mark scheme, point by point
  • Step-by-step worked solution
  • Write your answer & get it marked instantly by AI