Multiple Choice Questions on The cost volume and profit relationship of a company is described by the equation Y Rs 3 00 000 0 7 ........... for SEBI Grade A ( Officer) Exam Preparation

Back to Main Page

Multiple Choice Questions

The cost volume and profit relationship of a company is described by the equation Y Rs 3 00 000 0 7 ...........

Costing - Phase (I & II) Methods of Costing
    Download Solution PDF

    The cost volume and profit relationship of a company is described by the equation Y= Rs. 3,00,000 + 0.7 X in which X represents sales revenue and Y represents the total Cost.

    The C/S ratio and Break-even point will be:

    20%, 9,00,000

    Incorrect Answer

    30%, 10,00,000

    Correct Answer

    40%, 10,00,000

    Incorrect Answer

    Cannot be calculated

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Methods of Costing
    Prepare through Micro-courses
    Try Now
    Explanation:

    C/S ratio= Contribution/Sales x 100= X (-) 0.7 X/X= 0.30 X/X = 30%

    Break even point= Fixed Cost/ P/V ratio= 3,00,000/0.30= 10,00,000/-

    By: Vikas Goyal
    ProfileResources

    Let's Discuss

    Master
    Methods of Costing
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free