Answered step by step
Verified Expert Solution
Question
...
1 Approved Answer
Q1. If sales Rs. 20,00,000, variable cost Rs. 15,00,000 and fixed cost Rs. 2,00,000, calculate following: (a) Profit Volume Ratio (b) Break-even Point (c) Sales
Q1. If sales Rs. 20,00,000, variable cost Rs. 15,00,000 and fixed cost Rs. 2,00,000, calculate following: (a) Profit Volume Ratio (b) Break-even Point (c) Sales required to earn profit of Rs. 5,00,000 [10 Marks]
![image text in transcribed](https://s3.amazonaws.com/si.experts.images/answers/2024/07/6690752f0b93c_2146690752eb0d8b.jpg)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-text-image.webp)
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Step: 3
![blur-text-image](https://dsd5zvtm8ll6.cloudfront.net/includes/images/document_product_info/blur-subtext-image.webp)
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started