A-LevelAccountingTraditional costing methods9706/12 · May/June 2016 · Q291 Mark

The break-even sales of a company are 1000 units when the variable costs are $30000 and fixed costs are $20000. What is the profit if 70 units above the break-even point are sold?

A$700

B$1400

C$2100

D$3500

✓ Correct answer

B: $1400

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Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2016 Paper 1 Variant 2, question 29.

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