Quiz: Advising Whether to Accept a Special Order
WJEC Eduqas GCE A LEVEL in BUSINESS specification
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Building on what you've learned about special orders, let's test your knowledge and application of these concepts!
What is a special order in business?
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Which factors should be considered before accepting a special order? (Select all that apply)
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A special order typically involves accepting work at a price lower than the normal {{blank0}} cost per unit, as long as the {{blank1}} is positive.
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A company has been offered a special order for 500 units at £5 each. The variable cost per unit is £3. What is the total contribution from this special order?
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If a special order results in negative contribution, what is the best decision to make?
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Match the items on the left with their correct pairs on the right
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What are potential benefits of accepting a special order? (Select all that apply)
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Match the items on the left with their correct pairs on the right
What is the main purpose of calculating contribution for a special order?
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A business has fixed costs of £2,000. If the total contribution from a special order is £1,200, what is the profit or loss from the order?
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When accepting a special order, businesses must ensure that the {{blank0}} exceeds the {{blank1}} costs.
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