Part 1[3]
State one reason TT needs accurate cost information.
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: “Knowledge: one valid reason why accurate cost information is necessary (for example: to calculate total production cost; to set prices; to secure profit; to find break-even; to budget/plan; to determine financing needs; to classify costs).” …
- Full mark scheme, point by point
- Step-by-step worked solution
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