The P/V ratio of Akhil & Co. is 50% and margin of safety is 40%. The company sold 500 units for ₹5,00,000. The break-even point sales will be —
CS Executive · Cost and Management Accounting · PYQS · December 2016
The P/V ratio of Akhil & Co. is 50% and margin of safety is 40%. The company sold 500 units for ₹5,00,000. The break-even point sales will be —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Management Accounting
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