Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 27, 2024

The P / V ratio of a company is 4 0 % and margin of safety is 2 0 % . If present sales is

The P

/

V ratio of a company is

40 %

and margin of safety is

20 % .

If present sales is Rs

2000000

then find the break even point in Rs

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

Recommended Textbook for

Fundamentals of Cost Accounting

Authors: William Lanen, Shannon Anderson, Michael Maher

3rd Edition

9780078025525, 9780077517359, 77517350, 978-0077398194

More Books

Students also viewed these Accounting questions

Question

★★★★★

The goals scored in a season by the four starting defenders on a soccer team are 1, 2, 0, and 3. Use a sample size of 2. Find the mean and standard deviation of the population. List all samples (with...

Answered: 1 week ago

Question

★★★★★

Suppose that the number of events that occur in a specified me is a Poisson random variable with parameter . If each event is counted with probability p, independently of every other event, show that...

Answered: 1 week ago

Question

★★★★★

List the major criteria associated with effective teams.

Answered: 1 week ago

Question

★★★★★

Heymann Company bonds have 4 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 9%. a. What is the yield to maturity at a current market...

Answered: 1 week ago

Question

★★★★★

The P / V ratio of a company is 4 0 % and margin of safety is 2 0 % . If present sales is Rs 2 0 0 0 0 0 0 then find the break even point in Rs

Answered: 1 week ago

Question

★★★★★

On May 1, 2017. Cripe Corporation paid $50,000 cash for equipment that will be used in business operations. What is the adjusting journal entry made on December 31, 2017 to properly record...

Answered: 1 week ago

Question

★★★★★

How might a neuroscientist use children's interest in video games to design an experimental or longitudinal study determining whether intense amounts of practice in a particular skill causes...

Answered: 1 week ago

Question

★★★★★

ABA Procedure In this section, name the ABA Procedure being considered. For example, "Differential Reinforcement of Other Behavior (DRO)." Special Methods In this section, discuss the implementation...

Answered: 1 week ago

Question

★★★★★

Humans, especially children, have an amazing capability to learn language. Within the first year of life, children will have learned many of the necessary concepts to have functional language,...

Answered: 1 week ago

Question

★★★★★

Martina was geared up for a long day on the bike trail and began her day with a balanced breakfast. Although she brought plenty of water with her, she was also able to stay hydrated because her...

Answered: 1 week ago

Question

★★★★★

Eight-year-old Rubio does not play with his classmates, and when he does have to interact with them he tends to get frustrated and doesn't understand how to interact with them. Even at home, Rubio...

Answered: 1 week ago

Question

★★★★★

LO5.3 (Appendix) Explain the difficulties of conveying economic preferences through majority voting.

Answered: 1 week ago

Question

★★★★★

7. Use marginal cost/marginal benefit analysis to determine if the following statement is true or false: The optimal amount of pollution abatement for some substances, say, dirty water from storm...

Answered: 1 week ago

Question

★★★★★

3. What is rent seeking and how does it differ from the kinds of profit maximization and profit seeking that we discussed in previous chapters? Provide an actual or hypothetical example of rent...

Answered: 1 week ago

Previous Question Next Question