A-LevelAccountingBudgeting & Budgetary ControlOct/Nov 2016Paper 1 Q281 Mark
A business that uses flexible budgets shows the following: units of output 100 000 110000 total fixed and variable costs $400000 $425000 What are fixed costs?
A$125000
B$150000
C$250000
D$275000
✓ Correct Answer
The correct answer is B. This question tests the candidate's understanding of budgeting & budgetary control 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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