Despite having stressed the importance of knowing the costs involved in making a product or providing a

Question:

Despite having stressed the importance of knowing the costs involved in making a product or providing a service, they are not always easy to identify. Imagine that you buy a box of 10 computer disks for £15 on Friday. On Sunday a friend asks you to sell him one for some urgent work he is doing. You know that if you were to replace that single disk on Monday it would cost you £2.00. What is the cost of the disk?

(a) £1.50

(b) £2.00

(c) Both these figures

(d) Neither of these figures

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Accounting An Introduction To Financial And Management Accounting

ISBN: 9780230276239

2nd Edition

Authors: Jill Collis, Roger Hussey, Andrew Holt, Holt Collis, J. Collis

Question Posted: