Problem 1 PQR Ltd has furnished the following data for the two years: 2010 2011 Sales $8,00,000 ? Profit/Volume Ratio (P/V ratio) 50% 37.50% Margin of Safety sales as a % of total sales 40% 21.88% There has been substantial saving in the fixed cost in the year 2011, due to the restructuring process. The company could maintain its sales quantity level of 2010 in 2011 by reducing selling price. You are required to calculate the following: (i) Sales for 2011 ins (ii) Fixed cost for 2011 (iii) Break-even sales for 2011 in$