(a)[2]
What does the term indirect costs mean?
(b)[3]
Explain one advantage to a business of using budgets.
Business 9609 · AS & A Level · Costs
Costs — practice question
Worked solution & mark scheme
This 5-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Clear definition: costs that cannot be linked to a unit of production or assigned accurately to a cost centre; business expenses not directly connected with making products or delivering services – overheads such as rent, utilities, depreciation, salaries.” …
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