GCSE, Costs, revenue and profit
Authored by Conor Sutton
Business
9th - 11th Grade
Used 9+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Miami Ltd sold 500 units at £3.00 each in June
Their fixed costs per month are £400.00
Their variable costs per unit are £0.50
Calculate Miami Ltd.'s total sales revenue
£1000
£1500
£2000
£2500
2.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Miami Ltd sold 500 units at £3.00 each in June
Their fixed costs per month are £400.00
Their variable costs per unit are £0.50
Calculate Miami Ltd.'s fixed costs for June
£1500
£800
£400
£250
3.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Miami Ltd sold 500 units at £3.00 each in June
Their fixed costs per month are £400.00
Their variable costs per unit are £0.50
Calculate Miami Ltd.'s total variable costs for June
£250
£500
£750
£1000
4.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Miami Ltd sold 500 units at £3.00 each in June
Their fixed costs per month are £400.00
Their variable costs per unit are £0.50
Calculate Miami Ltd.'s total costs for June
£500
£1250
£650
£800
5.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Alabama Ltd sold 3,000 units last year.
The price per unit is £4.00
Variable costs per unit are £1.00
Fixed costs per year are £3,000
Calculate the total sales revenue for Alabama Ltd
£6,000
£8,000
£10,000
£12,000
6.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Alabama Ltd sold 3,000 units last year.
The price per unit is £4.00
Variable costs per unit are £1.00
Fixed costs per year are £3,000
Calculate the total fixed costs for Alabama Ltd
£3,000
£6,000
£9,000
£12,000
7.
MULTIPLE CHOICE QUESTION
1 min • 5 pts
Alabama Ltd sold 3,000 units last year.
The price per unit is £4.00
Variable costs per unit are £1.00
Fixed costs per year are £3,000
Calculate the total variable costs for Alabama Ltd
£3,000
£4,000
£5,000
£6,000
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