Question

Question No. 31
"Sales of two consecutive months of a
company are Rs. 3,00,000 and Rs. 4,00,000.
The companys net profits for these
months amounted to Rs. 50,000 and Rs.
80,000 respectively. There is no change in
P/V ratio or fixed costs. The Fixed Cost of
the company is"
Answer​

Answer 1

Answer:

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Answer 2

Answer:

The fixed cost of the company will be Rs. 10000.

Step-by-step explanation:

• According, the P/V ratio of Both the months is the same,

       Let Variable contribution for First Month = x

        And For the second month = y.

• P/V ratio = Contribution/ Sales. It is used to measure the profitability of the company. Contribution is the excess of sales over variable costs.

• Therefore applying the formula of  the P/V ratio in both months and equating them, we get

=      $\frac{300000 - x}{300000} = \frac{400000 - y}{400000}$

=      4x = 3y   ----------------------------------- Eq.1

Now According to the question, the fixed cost is equal for both the month and let the fixed for both be "F"

⇒ 300000 - x - F = 50000 ----------------------Eq.2

⇒ 400000 - y - F = 80000 ----------------------Eq.3

Solving all the three equations we get,

Fixed Cost = F = 10,000

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