T-Level FinanceYears 12–13Finance and Accounting

Management accounting — costing methods

T-Level: Finance: Management accounting — costing methods

What you'll learn

  1. 1

    Imagine you run a food truck selling burgers 🍔. You need to know how much each burger costs you to make.

  2. 2

    What is costing?

  3. 3

    Let's cost one burger together 🍔

  4. 4

    Now try costing a pizza 🍕 — drag the costs into the right boxes.

  5. 5

    If a pizza costs £8.50 to make, and you sell it for £12, how much profit do you make?

  6. 6

    What about a cup of coffee ☕ — direct materials, direct labour, and overheads again.

  7. 7

    What is the total cost of one coffee?

Practise Management accounting — costing methods with Whizlo

Free AI-tutored lessons, unlimited practice questions, and progress tracking for ages 16–18. Aligned to the UK National Curriculum.

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