P/V Ratio is an indicator of ............

CS Executive · Cost and Management Accounting · PYQS · December 2019
P/V Ratio is an indicator of ............
(A) the rate at which goods are manufactured
(B) the volume of sales
(C) the value of sales
(D) the rate of profit

Answer & Explanation:

Correct Answer: Option (D)

Official answer key: (D).

Topics: Marginal Costing

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