Day: January 3, 2021

The following information is available for a business.

What is the fixed cost?

Select ONE answer:

1. £1,600
2. £4,000
3. £5,200
4. £5,600

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

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

This multiple-choice question is suitable for Accounting KS5 classes.

The answer is 3

1. Not correct
2. Not correct
3. Correct – £21,200 – £5,200 = £16,000 / 100 units = £160 vc per unit
4. Not correct

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