Match the following: List-I List-II P. Marginal cost 1. = Contribution ÷ Sales Q. P/V ratio 2. Contribution = Selling price - _______ R. Profit 3. = Sales × (1 - P/V ratio) S. Variable cost 4. Margin of safety = _______
CS Executive · Cost and Management Accounting · PYQS · December 2015
Match the following: List-I List-II P. Marginal cost 1. = Contribution ÷ Sales Q. P/V ratio 2. Contribution = Selling price - _______ R. Profit 3. = Sales × (1 - P/V ratio) S. Variable cost 4. Margin of safety = _______ ÷ P/V Ratio Select the correct answer from the options given below — P Q R S
Answer & Explanation:
Correct Answer: Option (B)
Official answer key: (B), (C). Official source note: Both the options (B & C) are correct.
Topics: Marginal Costing
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