Commerce and Accounting · JCE / Types of business
StructuredPast exam questionForm 3 · JCE
Boago Enterprises is a small business which produces and sells popcorns. During the month of June 2018, the business incurred the following operational expenses: salaries P1 000; rent P300; salt P75; cooking oil P350; spices P50; popcorn maize P500; packaging material P120.
- aWhat is meant by operational expenses? [1]
- bCalculate the total variable costs for Boago Enterprises. Show your working. [2]
- cBoago Enterprises produced 400 packets of popcorns in the month of June. Calculate the unit cost of production for a packet of popcorn. Show your working. [3]
- dThe selling price of popcorn per packet is P8. Calculate the revenue received in the first week if 100 packets were sold. Show your working. [2]
You'll mark your own answer against the marking guide when you hand it in.
Source: BEC JCE Commerce and Accounting 2019, Paper 2, Question 1
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