If P/V Ratio is 20% and Margin of Safety sales is ₹4,00,000, the amount of profit is:
CS Executive · Cost and Management Accounting · PYQS · December 2019
If P/V Ratio is 20% and Margin of Safety sales is ₹4,00,000, the amount of profit is:
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Marginal Costing
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