Datta Ltd. budgets for a production of 150000 units. The variable cost per unit is Rs.14 and fixed cost per unit is Rs.2 per unit. The company fixes the selling price to fetch a profit of 15% on cost. Compute the profit/volume ratio.
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Answer:
540000
Explanation:
total cost = 16
profit is 15% of cost is 2.40 than
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