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Cambridge IGCSE Business Studies practice

Paper 1 structured question: Costs, scale of production and break-even analysis

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Costs, scale of production and break-even analysis

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Paper 1Short Answer and Data Response2 marks

A business has actual sales of $15,000 and a break-even sales of $10,000.

Description

Margin of Safety Calculation

Calculate the margin of safety for the business.

  1. a

    Calculate the margin of safety in dollars.

    Aim for approximately 2 distinct marking points.

    [2]

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