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HELP! If a question states for example, "How will a consultant be beneficial to the business?" (10 marks) , how many benefits should I write about?
Original post by M____
HELP! If a question states for example, "How will a consultant be beneficial to the business?" (10 marks) , how many benefits should I write about?

Heya, I'm going to put this in the Business and Management forum for you as you should get more responses there. :smile:

You should also check out the forum to see if there's any other threads there which might be helpful to you! http://www.thestudentroom.co.uk/forumdisplay.php?f=111
Reply 2
I would say 2/3 with analysis and then a conclusion
Also define what a consultant is as that gets you one mark!:smile:
How did it go everyone???
What did people get for fixed costs 6 mark question?
Reply 5
Fixed Cost: £8000
Reply 6
Original post by tobywainwright
What did people get for fixed costs 6 mark question?


I got 35? Not sure if its right though, i did the 14,400 total revenue - 1,800 profit then divided the answer by 360 for the days work.. is that correct?
Reply 7
Original post by tobywainwright
What did people get for fixed costs 6 mark question?


Payed Per Job: £360
Revenue: £14,400
Profit: £1,400
Variable Cost Per Job: £115

£14,400 divided by £360 is 40 Jobs
£14,400 minus £1400 is £12,600 (Total Costs)
40 Jobs times £115 is £4,600 (Total Variable Cost)
£12,600 minus £4,600 is £8000 (Fixed Costs)
(edited 8 years ago)
I got £4,400 for my Fixed Cost
I got £4400 for fixed costs, did anyone else get this?
I got 8000 how did u get that
Reply 11
Same here 👌
Reply 12
Then easy way about it was to just find the difference between the contribution and profit. Contribution was already given. 8000 I got, heard a lot of others did too
Reply 13
what did everyone get for the limited liability question?
Original post by rcpoc
Payed Per Job: £360
Revenue: £14,400
Profit: £1,400
Variable Cost Per Job: £115

£14,400 divided by £360 is 40 Jobs
£14,400 minus £1400 is £12,600 (Total Costs)
40 Jobs times £115 is £4,600 (Total Variable Cost)
£12,600 minus £4,600 is £8000 (Fixed Costs)


£14,400 minus £1400 is £13000 not £12600
Reply 15
Original post by amy_woodsy1998
£14,400 minus £1400 is £13000 not £12600


Copy and Pasted this from another Business Student Room page, sorry :smile:
360 x 40 = £14400
115 x 40 = £4600
profit = £1800
revenue - variable costs - profit
14400 - 4600 - 1800 = £8000 fixed costs

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