A-LevelAccountingCost ClassificationMay/June 2012Paper 1 Q251 Mark
Which statement best describes fixed costs?
Acosts that are constant in total over a range of output.
Bcosts that are the same in total over any output level.
Ccosts that are constant per unit as output increases.
Dcosts that are the same as stepped costs.
✓ Correct Answer
The correct answer is A. This question tests the candidate's understanding of cost classification within the Accountingsyllabus. The examiner's mark scheme requires...
📋 Examiner Report & Trap Analysis
Common mistake: 62% of candidates selected the distractor because they confused... The examiner specifically designed this question to test whether students can differentiate between... To secure full marks, candidates must demonstrate...
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