If Break Even Sales is 60% of current sales and profit is ₹4,000, then what is the amount of contribution?

CS Executive · Corporate and Management Accounting · PYQS · June 2022
If Break Even Sales is 60% of current sales and profit is ₹4,000, then what is the amount of contribution?
(A) ₹12,000
(B) ₹10,000
(C) ₹16,000
(D) ₹24,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Management Accounting

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