Following data is obtained from the cost records of Moon Ltd. : Year Sales (₹) Total Cost (₹) 2015 1,00,000 80,000 2016 1,20,000 90,000 P/V ratio will be —
CS Executive · Cost and Management Accounting · PYQS · December 2016
Following data is obtained from the cost records of Moon Ltd. : Year Sales (₹) Total Cost (₹) 2015 1,00,000 80,000 2016 1,20,000 90,000 P/V ratio will be —
Answer & Explanation:
Correct Answer: Option (D)
Official answer key: (D).
Topics: Management Accounting
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