Question
Zulfiqar Incorporation produces and sells a single product, has provided its contribution format income statement for April. Sales (1,500 units) Rs. 1,500,000 Variable Expenses 1,102,500
Zulfiqar Incorporation produces and sells a single product, has provided its contribution format income statement for April.
| Sales (1,500 units) | Rs. 1,500,000 |
| Variable Expenses | 1,102,500 |
| Contribution Margin | 397,500 |
| Fixed Cost | 272,950 |
| Net Profit | 124,550 |
Calculate Margin of Safety in Rs. for Zulfiqar Incorporation?
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Financial and Managerial Accounting Information for Decisions
Authors: John Wild, Ken Shaw, Barbara Chiappetta
5th edition
978-1259317552, 1259317552, 978-0078025600, 78025605, 978-1259335013, 1259335011, 978-1259347641
