Given, Sales ₹80 Lakh; Net Profit ₹8 Lakh and Fixed Cost ₹12 Lakh. On the basis of the data, if sales is ₹120 Lakh, then the profit will be :
CS Executive · Cost and Management Accounting · PYQS · December 2018
Given, Sales ₹80 Lakh; Net Profit ₹8 Lakh and Fixed Cost ₹12 Lakh. On the basis of the data, if sales is ₹120 Lakh, then the profit will be :
Answer & Explanation:
Correct Answer: Option (A)
Official answer key: (A).
Topics: Marginal Costing
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