Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The following information is available for a watch showroom. Calculate the following: a) Contribution b) PV Ratio c) BE Ratio (in no. of units and
The following information is available for a watch showroom. Calculate the following:
a) Contribution
b) PV Ratio
c) BE Ratio (in no. of units and value)
d) MOS at actual sales of Rs. 6,00,000/-
e) Number of watches to be sold to get a profit of Rs. 20,000/-
Sale Price | Per unit (Rs.) | 9800 |
Variable Costs | Per unit (Rs.) | 4905 |
Commission (variable) | Per unit (Rs.) | 500 |
Rent | Per month (Rs.) | 100000 |
Salaries | Per Month (Rs.) | 120000 |
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