17-Assume that in one of the written test of your interview, the following question has been asked. If the breakeven point OMR 40,000, Profit OMR 2000 and fixed cost OMR 8000.What will be the amount of variable cost? Being the interviewee how will you answer this question ? a. OMR 32000 b. OMR42000 c. OMR 50000 d. OMR 40000

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A: The amount of profit can be computed as follows :

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Q: . If the mark-up on a calculator is P36 and the mark-up rate is 30% on cost, find the se of the…

A: Cost = Mark-up / Mark-up % Mark-up = 36 Mark-up % = 30% or 0.3 Cost = 36 / 0.3 Cost = 120 Selling…

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A: Contribution = Sales - Variable Cost  Profit/Net Income = Contribution - Fixed Cost

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Q: What is the incremental profit?

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Q: fixed cost                                    =400000 variable cost per procedure        =40 revenue…

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Q: Question 2: Nizwa Company has the following information given in OMR. OMR Fixed Cost 14750 Break…

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A: Solution:   profit on sales = Sale price * 30%  = 120*30% = 36

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