If the P/V ratio of a product is 25% and selling price is ₹25 per unit, the marginal cost of the product would be :

CS Executive · Cost and Management Accounting · PYQS · June 2018
If the P/V ratio of a product is 25% and selling price is ₹25 per unit, the marginal cost of the product would be :
(A) ₹18.75
(B) ₹16
(C) ₹15
(D) ₹20

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Cost and Management Accounting

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