…..aids in price fixation.

Related MCQs

• Inflated price method of valuing material issues is suitable when…………
• Specific price method of valuing material issue is used when………….
• Market price method is considered to be the best method when…………..
• If the amount of work certified is less than…......... of the contract price, then no profit should be taken to Profit & Loss Account.
• The ratio which indicates earnings per share reflected by the market price is .
• An increase in selling price .
• Selling price per unit Rs. 10; Variable cost Rs. 8 per unit; Fixed cost Rs. 20,000; Break-even production in units .
• P/V Ratio 50%; Variable cost of the produce Rs. 25; Selling price is .
• If the P/V Ratio of a product is 30% and selling price is Rs. 25 per unit, the marginal cost of the product would be .
• If selling price is Rs. 25,000 and profit is Rs. 5,000 then what is the percentage of profit on cast?