Pearson Edexcel Cenre uer Cnte uer Level 3 GCE Business
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Pearson Edexcel Centre Number Level 3 GCE
Candidate Number
Business
Advanced Subsidiary Paper 2: Managing business activities
Friday 25 May 2018 ? Afternoon Time: 1 hour 30 minutes
You do not need any other materials.
Paper Reference
8BS0/02
Total Marks
Instructions
Use black ink or ball-point pen.
?? Fill in the boxes at the top of this page with your name, centre number and candidate number. Answer all questions.
?? Answer the questions in the spaces provided ? there may be more space than you need.
Information
The total mark for this paper is 80.
?? The marks for each question are shown in brackets ? ? use this as a guide as to how much time to spend on each question.
You may use a calculator.
Advice
Read each question carefully before you start to answer it.
? Try to answer every question. ?? Check your answers if you have time at the end.
P51792A
?2018 Pearson Education Ltd.
1/1/1/1/1/1/1/1
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Answer ALL questions.
SECTION A
Read the following extracts (A to B) before answering Question 1.
Write your answers in the spaces provided.
Extract A
Kendal Mint Cake manufacturer to close
Cake manufacturer JE Wilson & Sons Ltd is to close after more than a century of production. The company makes several products, but is most famous for making Kendal Mint Cake, a sugar-based confectionery item flavoured with peppermint.
JE Wilson & Sons Ltd's move to a new purpose-built factory in 2013, designed to improve
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efficiency, actually resulted in poor capacity utilisation. Trends in the wider confectionery
market, away from products with a high sugar content, have led to declining sales of
Kendal Mint Cake. This, together with the rise in the price of raw materials such as sugar,
led to the company making large losses. The move to the new factory also created
serious cash-flow problems for the company.
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JE Wilson & Sons Ltd failed in February 2016.
(Source: adapted from ? Telegraph Media Group Limited 2017)
Extract B
World sugar price rises
Index of world sugar price March 2015 - March 2016 (March 2015 = 100)
120
115
110
105
100
101
100
99
96
95
94
117
110 111
105
106
100
90
90
85
87
Index
80
Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16
Time
(Source: drawn using data from np/res/commod/External_Data.xls)
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1 (a) What is meant by efficiency? (2)
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(b) What is meant by capacity utilisation? (2)
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(c) Using the data in Extract B, calculate the percentage increase in the world sugar price from September 2015 to March 2016. You are advised to show your working. (4)
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Monthly revenues and costs
JE Wilson & Sons Ltd produced a break-even chart to show the profitability of the Kendal Mint Cake production line in its new factory.
This is shown in Figure 1 below.
?90 000
Total Revenue
?80 000
Total Fixed Costs
Total Costs
?80 000
?70 000 ?60 000
?56 000
?50 000 ?40 000
?40 000
?30 000
?20 000
?10 000
0
0
1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000
Monthly output of boxes of Kendal Mint Cake
Figure 1
(d) Using Figure 1, calculate the contribution per box of Kendal Mint Cake. You are advised to show your working. (4)
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(e) Assess two likely limitations to JE Wilson & Sons Ltd of using break-even analysis as a planning tool. (8)
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(f ) Assess the extent to which rising costs of raw materials may have led to the failure of JE Wilson & Sons Ltd. (10)
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