In a product mix decision, which is the most important factor to consider to try to maximise profit?

Related MCQs

• When selling price of product A is Rs.25 and product B is Rs. 20 and respective variable cost is Rs. 23 and Rs.16. The fixed cost is Rs.750, which of the following sales mix of product A and product B should be adopted to maximize the profit.
• Which items are added in Current year profit to get Net profit before tax. I)Interim dividend II)Provision for tax III)Refund of tax IV)Transfer to reserves
• If sales is Rs 5,00,000 & net profit is Rs 1,20,000 Net profit ratio is
• A firm has Capital of Rs. 10,00,000; Sales of Rs. 5,00,000; Gross Profit of Rs. 2,00,000 and Expenses of Rs.1,00,000. What is the Net Profit Ratio?
• If sales is Rs 5, 00,000 and net profit is Rs 1, 20,000 Net Profit ratio is
• Given Sales is Rs.2,40,000 and Gross Profit is 60,000, the Gross Profit Ratio is
• A firm has Capital of Rs. 10,00,000; Sales of Rs. 5,00,000; Gross Profit of Rs. 2,00,000 and Expenses of Rs. 1,00,000. What is the Net Profit Ratio?
• In profit center revenue represents a monetary measure of output emanating from a profit center in a given period irrespective whether
• A department makes a product whose contribution per unit is £1,000, and which takes 20 hours machine time. A component used in this product with a marginal cost of £300 (taking 5 hours of machine time) could be purchased from an external supplier. The department is working at full capacity. What is the maximum price that the company may pay to buy the component from an external supplier?
• To produce Product A 2 kg of material X at Rs 10 per kg is required . During February 800 units of Product, A were produced. Actual price paid for material X is Rs 9 per kg and total cost Rs 15,300. Determine material cost variance.