If profit-volume ratio is 25 per cent and sales is Rs. 100,000, the variable cost will be

Related MCQs

• The following information belongs to John Manufacturing Company that uses a standard costing system: • Basic wage rate:Rs.12 per hour • Fringe benefits: Rs. 2 per hour • Basic time: 2 hours per unit • Allowance for down time: 0.3 hours per unit • Allowance for brakes: 0.2 hours per unit Based on the above information, what is the standard direct labor cost per unit?
• When fixed cost is Rs. 20,000 and Profit volume ratio is 25 per cent, then breakeven point will occur at
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