The following costs and sales of a manufacturing company for the first half and second half...
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The following costs and sales of a manufacturing company for the first half and second half of 2019-2020 are given: Sales Total costs First half TZS 2,400,000 2,180,000 You are required to determine: ✓ Contribution/sales ratio of the firm [P/V ratio] ✓Annual fixed costs ✓Break even sales ✓ Margin of safety as a percentage of sales. second half TZS 3,000,000 2,600,000 The following costs and sales of a manufacturing company for the first half and second half of 2019-2020 are given: Sales Total costs First half TZS 2,400,000 2,180,000 You are required to determine: ✓ Contribution/sales ratio of the firm [P/V ratio] ✓Annual fixed costs ✓Break even sales ✓ Margin of safety as a percentage of sales. second half TZS 3,000,000 2,600,000
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To calculate the required values lets break down the steps one by one 1 ContributionSales Ratio PV Ratio The ContributionSales Ratio also known as the ... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date:
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