The P/V ratio of a company is 50% and margin of safety is 40%. If present sales is ₹30,00,000 then Break Even Point will be :
CS Executive · Cost and Management Accounting · PYQS · June 2018
The P/V ratio of a company is 50% and margin of safety is 40%. If present sales is ₹30,00,000 then Break Even Point will be :
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Cost and Management Accounting
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