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

Costs and cost behaviour — practice question

A business using flexible budgets displays the following information: Units of output: 100000 and 110000 Total fixed and variable costs: $400000 and $425000 What are fixed costs?

  • A$125000
  • B$150000
  • C$250000
  • D$275000

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