P/V Ratio and Marginal Safety of a firm are 40% and 30% respectively. If the sales of the firm is ₹65,00,000, then break-even point and profit will be :
CS Executive · Cost and Management Accounting · PYQS · December 2021
P/V Ratio and Marginal Safety of a firm are 40% and 30% respectively. If the sales of the firm is ₹65,00,000, then break-even point and profit will be :
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Marginal Costing
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