Discount Tables StarQuench plc operate a chain of coffee shops, each with a prescriptive layout that allows a restricted
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Discount Tables StarQuench plc operate a chain of coffee shops, each with a prescriptive layout that allows a restricted
Discount Tables Broom Ltd is a garden centre. One of Broom Ltd's biggest selling product lines is the Aqua, a special type of garden pond. At 1 January 20X2 Broom Ltd has an opening inventory of 2,500 ponds. Each pond was purchased for £200 each. During January, February and March Broom Ltd purchased and sold the following quantities of ponds. 11 January 3 February 12 February 1 March 16 March Sales. Purchases Sales Purchases Sales O C. £189,000 OD. £194,000 1,000 ponds 400 ponds for £84,000 1,000 ponds 500 ponds for £110,000 500 ponds The value of the closing inventory at 31 March 20X2 using the FIFO (First in First out) basis is: OA. £180,000 OB. £187,640
10,000 7,000 2,000 Level of activity (units) 5,000 The above breakeven chart has been drawn for the single service marketed by a company. Which of the following statements about the service are correct? The service is provided at a price of £2 The service has a variable cost of £1 Discount Tables (1) (2) (3) (4) The service incurs fixed costs of £2,000 per period The service earns a profit of £2,000 when 5,000 units are provided O A. (1) and (2) only O B. (1) and (3) only O C. (1), (2) and (3) only O D. (1) and (4) only