The following information is given about Zac Ltd. dealing in musical instruments: P/V ratio 50% Margin of safety 40% If the sales volume is ₹50,00,000 the net profit will be —
CS Executive · Cost and Management Accounting · PYQS · December 2015
The following information is given about Zac Ltd. dealing in musical instruments: P/V ratio 50% Margin of safety 40% If the sales volume is ₹50,00,000 the net profit will be —
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B).
Topics: Marginal Costing
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