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1. 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
1. 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
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
