Part 1[3]
Explain one reason why HH needs accurate cost data.
Business 9609 · AS & A Level · Costs
Costs — practice question
Worked solution & mark scheme
This 3-mark question has a full step-by-step worked solution and mark scheme. One marking point: “Identification: accurate cost data makes correct pricing possible so profit is secured (the price is set to cover costs and reach margins).” …
- Full mark scheme, point by point
- Step-by-step worked solution
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