When the sales increase from ₹45,000 to ₹60,000, the profit increases by ₹5,000. P/V Ratio would be —
CS Executive · Cost and Management Accounting · PYQS · June 2015
When the sales increase from ₹45,000 to ₹60,000, the profit increases by ₹5,000. P/V Ratio would be —
Answer & Explanation:
Correct Answer: Option (C)
Official answer key: (C).
Topics: Marginal Costing
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