Managerial Accounting
15th Edition
ISBN: 9781337912020
Author: Carl Warren, Ph.d. Cma William B. Tayler
Publisher: South-Western College Pub
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Question
A company has following details for this year
Details Total sales($) Total cost($)
Details Total sales($) Total cost($)
Year ended 31/12/2018 35,78,998 25,89,709
Year ended 31/12/2019 48,90,742 31,67,984
Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019
and percent of fixed cost 2018/2019
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