A-LevelAccountingTraditional costing methods9706/12 · May/June 2024 · Q301 Mark

Which statement applies for cost-volume-profit analysis?

Afixed costs per unit stay the same over a period

Binventory levels change over a period

Cselling price per unit stays the same over a period

Dvariable costs per unit change over a period

✓ Correct answer

C: selling price per unit stays the same over a period

Oracle Prep sorts past-paper questions by topic, so you can drill Traditional costing methods and see which topics are most likely to come up next.

Topic: Traditional costing methods, A-Level Accounting (syllabus 9706). Multiple choice, 1 mark.
Source: A-Level Accounting, May/June 2024 Paper 1 Variant 2, question 30.

Questions and mark schemes are from past examination papers and remain the copyright of the exam board. How Oracle Prep builds its content

A particular cost is classified as 'semi-variable'. What effect will a 20% reduction in activity have on the unit cost?

A business produces and sells watches. In 2015, 4000 watches were produced and 3600 watches were sold. Other informat…

Which items are included in the marginal cost of a unit of production?

An inexperienced bookkeeper calculated a draft profit for the year ended 31 December 2015 of $578 500. He had not acc…

A computer used for demonstration to customers was treated as capital expenditure. At the end of the year a customer …

A business makes up its financial statements to 30 April each year. Included in the ledger account balances on 1 May …