The sales and profit during the two periods were as follows: Sales (₹) Profit (₹) Period-I 20,00,000 2,00,000 Period-II 30,00,000 4,00,000 Sales required to earn a profit of ₹5,00,000 is —

CS Executive · Cost and Management Accounting · PYQS · December 2015
The sales and profit during the two periods were as follows: Sales (₹) Profit (₹) Period-I 20,00,000 2,00,000 Period-II 30,00,000 4,00,000 Sales required to earn a profit of ₹5,00,000 is —
(A) ₹30 lakh
(B) ₹40 lakh
(C) ₹35 lakh
(D) ₹28 lakh.

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Marginal Costing

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