During the boom period, the profits of a firm will increase at a much faster rate whose P/V ratio is,

Related MCQs

• During the recession period, the profits of a firm will decrease at a much slower rate whose P/V ratio is,
• Provision for increase in the contract price to accommodate increase in material and labour cost
• …………….. is the provision to increase the contract price increase in the Cost of construction over a particular level
• An increase in physical sales volume…………P/V ratio
• The cost which varies proportionate to increase in production is …….. cost
• Period for which budget is prepared is called
• Period costs means
• Profit-volume ratio is a relationship between
• A decrease in the variable cost per unit, the profit-volume ratio will