Day: March 13, 2023

The break-even chart for a product is shown below.

What does XY represent?

Select ONE answer:

1. 1.fixed costs
2. 2.gross profit
3. 3.net loss
4. 4.variable costs

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 1

1. Correct
2. Not correct
3. Not correct
4. Not correct

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