Question: X Ltd. produces a single article. Following cost data is given about its product: Selling price per unit = Rs.80 Variable cost per unit =Rs.48

X Ltd. produces a single article. Following cost data is given about its product: Selling price per unit = Rs.80 Variable cost per unit =Rs.48 Fixed cost per annum=Rs. 32000. Calculate: (i)P/V ratio (ii) break even sales in units and rupee value (iii) sales to earn a profit of Rs. 4,000. (iv) What is Margin of Safety and Angle of Incidence

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