Following data provided by M Ltd. : First Six Months (₹) Last Six Months (₹) Profit 10,00,000 14,00,000 Cost of Sales 70,00,000 76,00,000 Fixed cost for the year will be :
CS Executive · Corporate and Management Accounting · PYQS · December 2019
Following data provided by M Ltd. : First Six Months (₹) Last Six Months (₹) Profit 10,00,000 14,00,000 Cost of Sales 70,00,000 76,00,000 Fixed cost for the year will be :
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Cost Accounting
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