AAT L2 Cost Behaviour
Quiz
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Business
•
Professional Development
•
Easy
Emma Barlow
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10 questions
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1.
DRAG AND DROP QUESTION
1 min • 1 pt
Variable Cost is a cost that changes in proportion to the level of output or activity. (a)
2.
DRAG AND DROP QUESTION
1 min • 1 pt
Fixed cost is a cost that does alter in total when the level of output or activity changes. (a)
3.
DROPDOWN QUESTION
1 min • 1 pt
Semi-variable cost, is a cost that contains both a fixed element and a variable element. (a)
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify fixed costs
Employee paid basic wage plus commission based on production quantity
rent of the factory workshop
print ink used for letterhead and logos
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify semi-variable costs
Employee paid basic wage plus commission based on production quantity
rent of the factory workshop
print ink used for letterhead and logos
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify variable costs
Employee paid basic wage plus commission based on production quantity
rent of the factory workshop
print ink used for letterhead and logos
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
CALCULATE THE FIXED COST PER ITEM:
Munich Ltd makes outdoor gym equipment. It incurs fixed costs of £50,000 per year in relation to the manufacture of its outdoor treadmills. Calculate the fixed cost per treadmill at 25,000 output level.
fixed cost per treadmill £50
fixed cost per treadmill £5
fixed cost per treadmill £2
fixed cost per treadmill £0.50
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