If sales are Rs. 5,00,000; variable costs are Rs. 2,00,000 and fixed cost are Rs. 2,40,000; calculate

Fantastic news! We've Found the answer you've been seeking!

Question:

If sales are Rs. 5,00,000; variable costs are Rs. 2,00,000 and fixed cost are Rs. 2,40,000; calculate the P/V Ratio and Margin of safety

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

See More Books

Posted Date: Feb 17, 2023 06:34 AM

See More Questions

If contribution margin ratio is 60 percent, total fixed cost is $30,000 and sales is $200,000, the margin of safety in terms of sales dollars is $ __________
If total fixed costs are $200,000 and total variable costs are $100,000 at the output of 20,000 units, what are the probable total fixed costs and total variable costs at an output of 10,000 units?...
If the variable cost amounts to $130 000 when sales are $250 000, what will the variable cost be when sales are $350 000?
How does unemployment behave over the business cycle?
The Home Improvement Building Supply Company has received the following order for boards in three lengths: Length Order (quantity) 7 feet .........700 boards 9 feet ..........1200 boards 10 feet...
Big Company owns a 20 percent interest in Little Company purchased on January 1, 2020, for $210,000. Little reports net income of $200,000, $300,000, and $400,000, respectively, in the next three...
Describe the objectives of tort law.
The OASDI program provides retirement benefits to covered employees and their dependents. Explain whether each of the following persons would be eligible for OASDI retirement benefits based on the...
Required information [The following information applies to the questions displayed below.] Camille Sikorski was divorced in 2018. She currently provides a home for her 15-year-old daughter Kaly. Kaly...
Based on Reed Hospital Break Even Analysis, answer the following questions: 1. Although you are basically satisfied with the analysis presented in the case thus far, you are concerned about the...
Define labor and explain the nuances of labor law. What is the purpose of labor legislation? Explain the three classifications of labor law. Distinguish between labor legislation and social...
Select three websites that demonstrate the different ways in which a retailer might use the Internet to interact with its customers. Compare the contents of the websites and explain what the...
It was decided in the first quarter of fiscal 2016 that Commercial Metals Company Ltd would change the accounting method it used to value its inventories. This change would be for its Americas Mills,...
Pepsi Corporation uses trucks to transport bottles from the warehouse to different retail outlets. Gasoline costs are $0.15 per mile driven. Insurance costs are $6,000 per year. Calculate the total...
Bubble tea cafs are becoming increasingly popular across Malaysia and in recent years, many new chains have been formed, opening cafs in mainly urban locations. Leading bubble tea firms provide some...
Two Australian firms, one with three divisions (HC1, HC2 and HC3), and the second with two divisions (FT1 and FT2) were studied. HC1 and FT1 had the simplest costing systems with all of the overheads...
Let G be an Abelian group and 9, 92 E G elements of finite order with ( (9), (9)) = 1. Prove that (9 92) = (9) (9).
Write an essay describing the differing approaches of nursing leaders and managers to issues in practice. To complete this assignment, do the following: 1. Select an issue from the following list:...
On June 1, Meadow Salad Dressings creates a petty cash fund with an imprest balance of $400. During June, A1 Franklin, the fund custodian, signs the following petty cash tickets: On June 30, prior to...
The Cash account of Safety Security Systems reported a balance of $2,450 at December 31, 2016. There were outstanding checks totaling $1,700 and a December 31 deposit in transit of $300. The bank...
Travel Comfort Specialists, Inc. reported the following stockholders equity on its balance sheet at June 30, 2016: Stockholders' Equity Paid-In Capital: Preferred Stock6%, ? Par Value; 675,000 shares...
The control volume shown in Figure $P 2.15$ has steady, incompressible flow, and all properties are uniform at the inlet and outlet. For $u_{1}=1.256 \mathrm{MJ} / \mathrm{kg}$ and...
(a) List the forces exerted on the spring-cart system of Figure 15.1 right after it is released, and draw a freebody diagram for each object in the system. (b) Which of these forces do work on the...
(a) In Figure 15.2e, the cart's displacement from the equilibrium position is maximum. Is the $x$ component of the cart's acceleration at that instant positive, negative, or zero? (b) At which...

If sales are Rs. 5,00,000; variable costs are Rs. 2,00,000 and fixed cost are Rs. 2,40,000; calculate

Question:

Expert Answer:

The ProfitVolume PV Ratio is calculated as the contribution margin divided by the sales revenue The ... View the full answer

Horngrens Financial and Managerial Accounting

Students also viewed these accounting questions