Question
If sales are Rs. 5,00,000; variable costs are Rs. 2,00,000 and fixed cost are Rs. 2,40,000; calculate the P/V Ratio and Margin of safety
If sales are Rs. 5,00,000; variable costs are Rs. 2,00,000 and fixed cost are Rs. 2,40,000; calculate the P/V Ratio and Margin of safety
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The ProfitVolume PV Ratio is calculated as the contribution margin divided by the sales revenue The ...Get Instant Access to Expert-Tailored Solutions
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
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