Cambridge IGCSE Business Studies practice
Try the question first, then check the answer and practise the same topic again.
At a glance
MCQ
Type
cambridge_mcq
Style
Topic
Costs, scale of production and break-even analysis
Exam-style question
Which of the following is a fixed cost?.
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Common mistake
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Flashcard 1 of 6
Question 1 of 5
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Description
The company has fixed costs of $10,000 and variable costs of $5 per unit produced. Last month, they produced 1,000 units.
Calculate the total costs incurred by the company last month.
Aim for approximately 2 distinct marking points.