Business 9609 · AS & A Level · Costs

Costs — practice question

Part 1[3]

Explain one advantage to PJ of accurate cost data.

Worked solution & mark scheme

This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: Explanation of an advantage of accurate cost data to PJ (e.g. appropriate pricing to cover high unit costs, stronger budgeting, materials cost control, better profitability decisions).

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  • Step-by-step worked solution
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