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Exam (elaborations)

Aqa As level business unit assessment

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This document contains questions on what is business and management and leadership which is used in schools for assessment

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MARK SCHEME




AQA A Level
Business
Unit Assessment
This Unit Assessment covers:
3.1 What is Business?
3.2 Managers, leadership
and decision making

, ©




Section A

Question Number Answer Question Number Answer
1 A 4 A
2 D 5 C
3 C




Section B

06 Aphrodite is a designer menswear store located in Sunderland. Last year Aphrodite had fixed costs of
£180,000 (per year) and their average selling price was £80. Variable costs were 2/5ths of the average
selling price and the business sold 8,000 items.

Calculate how much profit Aphrodite made last year. Show your workings.
(4 marks)


Marks for this question = A01 = 2 and A02 = 2

Total Revenue = Price x Quantity Sold = £80 x 8,000 = £640,000 (1 Mark)
Total Costs = Fixed Costs + Total Variable Costs = £180,000 + (2/5 of £640,000)
OR £180,000 +(8,000x 2/5 of £80)
= £180,000 +£256,000 = £436,000 (2 marks)
Profit = Revenue – Total Cost = £640,000 - £436,000
= £204,000 (4 Marks)

Contribution method: Contribution per sale = £80 x 3/5 = £48
Profit = (contribution per sale x sales) – Fixed Costs
= (£48 x 8000) - £180,000
= £384,000 - £180,000 = £204,000 (4 Marks)
204,000: No £ sign (3 Marks)
Clear workings and all correct with one arithmetical error (MAX) 3 marks
If no valid calculation: award 1 mark for correct formula




Page 2 AQA A Level Business Unit Assessment Mark Scheme

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Publisher: Unknown ISBN: 9781847624277 Edition: 1

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