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A-LevelAccountingTraditional costing methods9706/12 · Feb/Mar 2022 · Q221 Mark

Which statements about stepped costs are correct? 1 fixed within a range of activity levels 2 fixed whatever the level of activity 3 include fixed costs only 4 include both fixed and variable costs

A1 and 3
B1 and 4
C2 and 3
D2 and 4

✓ Correct answer

A: 1 and 3

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About this question

Topic
Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, Feb/Mar 2022 Paper 1 Variant 2, question 22.

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