The Rose Williams Company has a C/M ratio of 36%. Breakeven sales are Rs. 320,000. The company earned a profit of Rs. 57,600 during the year.

Required: (Mark 4)

(a) Fixed expense. (b) Variable expense for the year

(b) Sales for year (d) Margin of safety ratio.

Answer rating: 100% (QA)

Okay lets break this down stepbystep a Fixed expense To find the fixed expense we can use the formul... View the full answer