When margin of safety is 40% of sales, find fixed cost when profit is ₹25,000.

CS Executive · Cost and Management Accounting · PYQS · December 2019
When margin of safety is 40% of sales, find fixed cost when profit is ₹25,000.
(A) ₹30,000
(B) ₹35,000
(C) ₹37,500
(D) ₹40,000

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Marginal Costing

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