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Question 1 The table below shows the income and expenditure relating to a product in 2019...

Question 1

  1. The table below shows the income and expenditure relating to a product in 2019 and 2020. Complete the table with the correct value in every empty cell, and present a finished version in your answer book.

Cost / Revenue Table 2019/2020

Year

2019

(£s)

2020

(£s)

% Change

Element

Fixed Cost

2520

+5

Total Variable Cost

Total Cost

6000

Total Revenue

6325

+8

Profit

411

Solutions

Expert Solution


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