Answered step by step
Verified Expert Solution
Question
1 Approved Answer
8. The Sales turnover and profit during two periods were as follows: Sales Profit Rs. Rs. Period I 20,00,000 2,00,000 Period II 30,00,000 4,00,000
8. The Sales turnover and profit during two periods were as follows: Sales Profit Rs. Rs. Period I 20,00,000 2,00,000 Period II 30,00,000 4,00,000 Calculate: (a) P/V ratio (b) Fixed cost (c) Variable cost (d) Break-even point (e) The sales required to earn a profit of Rs. 5,00,000 (f) The profit when sales are Rs. 10,00,000 (g) Margin of safety for two periods.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started