Fixed costs ₹45 Lakh, Variable costs ₹120 Lakh and Profit ₹35 Lakh, then P/V Ratio is:
CS Executive · Cost and Management Accounting · PYQS · December 2018
Fixed costs ₹45 Lakh, Variable costs ₹120 Lakh and Profit ₹35 Lakh, then P/V Ratio is:
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Marginal Costing
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