The fixed expenses of an industrial concern amount to
Rs. 1,80,000. It variable cost per unit is Rs. 29 and selling
price is Rs. 44 per unit. Calculate the Break Even Point.
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Step-by-step explanation:
The PV ratio or P/V ratio is arrived by using following formula. P/V ratio =contribution x100/sales (*Contribution means the difference between sale price and variable cost). Here contribution is multiplied by 100 to arrive the percentage. For example, the sale price of a cup is Rs.
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