Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

SUBJECT: COST ACCOUNTING __________________________________________________________________________________________________________________________________________ The variable expenses ratio of Steel Corporation's only product is 47%. The company's monthly fixed expense is Rs. 617,980. What is

SUBJECT: COST ACCOUNTING

__________________________________________________________________________________________________________________________________________

The variable expenses ratio of Steel Corporation's only product is 47%. The company's monthly fixed expense is Rs. 617,980.

What is sales amount to attain the target profit of Rs. 23,000?

________________________________________________________________________________________________________________________________

NOTE: If you want upvotes on your answer than provide accurate and proper answer with showing steps and calculations..... thanks in advance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

How to fill in Record of employment

Answered: 1 week ago