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

Costs and cost behaviour — practice question

A firm charges $12 for each batch sold. The variable cost comes to $4 per batch. Fixed costs are absorbed using a normal activity level of 100 batches at $3 per batch. What profit is made under marginal costing if the firm produces and sells 125 batches?

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

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