Thai Sikh International School
E-Learning Programme – Online
Assignment – 29/04/2014
Name
: Subject
: Business Studies

Compete the following
sentences by inserting the missing words.
- ___________________ costs change with the level of sales.
- Two examples of fixed costs are __________________ and ___________________.
- The break-even point on a chart is
where the ___________________ line crosses the total cost line.
- Materials are normally a ___________________ cost.
- Fixed costs do not change with the
level of ___________________.
- On a break-even chart, the
horizontal axis represents the level of_______________
and the vertical axis represents _______________ and _______________.
- Above the break-even point on a
chart, the difference between the __________________ figure and the total cost figure is profit.
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