Business Studies Multiple Choice Question – 14 November 2018

The home of multiple choice questions for all your KS3, KS4 and KS5 Business Studies, Economics and Accounting requirements.

Business Studies

Jones is a small pottery business specialising in manufacturing ceramic plates. You are given the following financial information for January.

 

Table 35

What is the level of sales required for Jones to Break-Even in the month of January? Select ONE answer only:

  1. £1,000
  2. £200
  3. 100 units
  4. 200 units

Show your workings to arrive at your answer, and explain and justify your reasons:

……………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………………

This multiple choice question is suitable for Business Studies KS4 & KS3 classes

The answer is 4 – Break Even Formula – FC / (SP-VC) = £1,000 / (£10-£5) = 200 units

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Author: stuart001uk2014

Referral marketing, business, economics and accounting s​pecialist & corporate mentor

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