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A-LevelAccountingTraditional costing methods9706/12 · May/June 2020 · Q261 Mark

A company with fixed costs of $50000 and a contribution to sales ratio of 40% makes a profit of $30000. What are the total costs?

A$130000
B$170000
C$175000
D$200000

✓ Correct answer

B: $170000

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About this question

Topic
Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source
A-Level Accounting, May/June 2020 Paper 1 Variant 2, question 26.

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