Selling price of a product is ₹32/unit. Variable cost ratio is 50%. Fixed cost is ₹96,000. Units sold are 10,000. Calculate Margin of Safety in percentage:
CS Executive · Corporate and Management Accounting · PYQS · December 2020
Selling price of a product is ₹32/unit. Variable cost ratio is 50%. Fixed cost is ₹96,000. Units sold are 10,000. Calculate Margin of Safety in percentage:
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Management Accounting
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