LEARNING OUTCOME THREE: Be Able To Make Financial Decisions Based On Financial Information10/31/2016 LESSON OBJECTIVE
Assessment Criteria 3.2 Explain the calculation of unit costs and make pricing decisions using relevant information Below are questions pertaining to lesson 9. Please ensure to answer each question correctly. 1. Define Fixed Costs. 2. What is Senstivity Analysis? 3. True and False: Correct pricing of organisation's products or services is important for its profitability and survival. 4. A company has cost has follows:-Variable Costs:- $50,000 Fixed Costs: $30,000 Units Produced : 10,000 From the information above calculate the unit cost?
11 Comments
Amoy Gentles
11/2/2016 07:19:09 am
1. Define Fixed Costs.
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11/3/2016 09:14:33 am
1.Define Fixed Costs.
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evennecia thompson
11/4/2016 08:49:25 am
1. This is defined as a fixed cost is a basic operating expense of a business that cannot be avoided, such as a rent payment. (Accountingtools.com, 2016)
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Teneisha Kennedy
11/5/2016 12:48:13 am
1 A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any business activity.( investopedia.com 2016)
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Shanyel Garricks
11/5/2016 09:41:16 am
1. Define Fixed Costs.
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Thya Rodney
11/5/2016 09:27:48 pm
1. Fixed costs are defined as "a cost that does not change with an increase or decrease in the amount of goods or services produced or sold"(Investopedia, 2016).
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SHASHIE MILLS
11/6/2016 07:56:21 pm
1. fixed cost can be defined as "A cost that does not change with an increase or decrease in the amount of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any business activity" (Investopedia, 2016)
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shadea fulwood
11/6/2016 08:44:52 pm
1. Define Fixed Costs.
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shanique davis
11/6/2016 08:55:40 pm
1.A fixed cost is an operating expense of a business that cannot be avoided regardless of the level of production(Investopedia, 2016).
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Nicka
11/7/2016 05:00:03 am
UNIT 2 AC3.2
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Keidean Reid
11/8/2016 09:17:49 pm
1. A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold
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