The total cost and profit during two periods were as follow: Period 1 Period 2 Total Cost ₹ 4,50,000 ₹ 6,50,000 Profit ₹ 50,000 ₹ 1,00,000 You are required to calculate Profit Volume Ratio (P/V Ratio).
CS Executive · Corporate and Management Accounting · PYQS · December 2024
The total cost and profit during two periods were as follow: Period 1 Period 2 Total Cost ₹ 4,50,000 ₹ 6,50,000 Profit ₹ 50,000 ₹ 1,00,000 You are required to calculate Profit Volume Ratio (P/V Ratio).
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Cost Accounting
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