Profit-volume ratio is a relationship between

Related MCQs

• Establishes the relationship between cost , volume of sales and profit is …..
• An increase in physical sales volume…………P/V ratio
• During the boom period, the profits of a firm will increase at a much faster rate whose P/V ratio is,
• During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is,
• A decrease in the variable cost per unit, the profit-volume ratio will
• When the actual loss is more than the estimated loss, the difference between the two is considered to be ,………………….
• In ………… costing no distinction is made between direct and indirect materials
• The most important criterion for distinguishing between scrap, byproduct and joint product is…………of the products
• ………… is based on the distinction between fixed and variable cost
• The difference between selling price and marginal cost is