Profit/Volume Ratio of a company is 50%, while its margin of safety is 40%. If sales volume of the company

Question:

Profit/Volume Ratio of a company is 50%, while its margin of safety is 40%. If sales volume of the company is Rs. 50 lakhs, find out its break-even point and net profit.

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Related Book For  answer-question

Cost Accounting

ISBN: 9780070221628

4th Edition

Authors: Jawahar Lal, Seema Srivastava

Question Details
Chapter # 16- MARGINAL (VARIABLE) COSTING..
Section: Problem
Problem: 6
View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: September 07, 2023 12:49:55