Question: 3. You are given the following data for the year 2016 of XYZ Co. Limited Variable cost 600,000 Fixed cost 300000 Net profit 100,000 1000,000

 3. You are given the following data for the year 2016

3. You are given the following data for the year 2016 of XYZ Co. Limited Variable cost 600,000 Fixed cost 300000 Net profit 100,000 1000,000 Required, Find out: a) Break-even point (3 MARKS) b) P/V ratio (3 MARKS) c) Margin of safety (2 MARKS) d) Draw a break even chart showing contribution

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!