Costs And Revenue

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1. One unit of product A costs $43.00 to produce and sells for $69.00.  Product B costs $66 to produce and retails for $93.25. Which product has the higher contribution? (Indicate letter only)
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About This Quiz
Business Quizzes & Trivia

This covers units 21, 22, 23 and 24 of Denby's book.

2.
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2. ____________ costs do not change with the amount produced or sold.
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3. In a bakery, flour is an example of a ___________ cost.
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4. Athough usually a fixed cost, electricity used in some businesses such as a dry-cleaning business, may be a variable cost.
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5. Retained profit is the biggest source of Finance for UK companies.
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6. Choose the word that best describes what 'Bottom line'  is in business.
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7. How many items must be sold in a month to cover total fixed costs of $3,450 if the unit sells for $45 but had originally been bought for $22.
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8. Which of the following is not a valid reason for sourcing finance for your company during a recession?
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One unit of product A costs $43.00 to produce and sells for...
____________ costs do not change with the amount produced or sold.
In a bakery, flour is an example of a ___________ cost.
Athough usually a fixed cost, electricity used in some businesses such...
Retained profit is the biggest source of Finance for UK companies.
Choose the word that best describes what 'Bottom line'  is...
How many items must be sold in a month to cover total fixed...
Which of the following is not a valid reason for sourcing finance...
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