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WorksheetsCosts and Revenues
Total questions: 10
Worksheet time: 5mins
Which of the following costs are considered FIXED for an enterprise?
Rent
Material Costs
Hourly Paid Wages
Shipping / Delivery Costs
When calculating the total costs of a business, which TWO costs would you add together?
Fixed and Variable Costs
Start-up and Fixed Costs
Variable and Indirect Costs
Insurance Costs and Rent
Revenue is calculated using which of the following formulas?
Units Sold x Price Per Unit
Equal To Total Profit
Fixed Costs X Units Sold
Number Of Units Produced X Price Per Unit
Which of the following costs are considered variable?
Workers Salaries
Material Costs
Insurance Costs
Deposit On Premises
(Variable Cost Per Unit X Total Units Sold) Is the formula used to calculate which of the following?
Total Variable Costs
Total Costs
Total Revenue
Total Fixed Costs
Which of the following is a definition of a variable cost?
Costs Which Vary Over Time
Costs Which Stay The Same
Costs Which Vary With The Number Of Units Produced
If Variable Costs Per Unit Are £12 Per Unit, Then The Total Variable Cost For Producing 1000 Products Will Be?
£120000
£6000
£12000
£1000
The Best Definition Of Fixed Costs Are Costs Which Do Not Change With
Time
Seasons
Output
Number Of Workers
Which Of The Following Is A Variable Cost For A Cafe?
Cost Of Food / Drinks Sold
Rent
Staff Uniforms
Furniture
Which Of The Following Is Not A Method Of Increasing Revenue
Increasing Price
Increasing Number Of Goods Sold
Increasing How Often Customers Purchase
Paying Workers Less
