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6 lakhs ost of the product is Rs. 120 per unit and the fixed cost for the year is Rs. 96,000. Illustration 19. A company produces a single product and sells it at Rs. 200 each. The variable lakhs + Rs. 24 lakhs) Calculate: (i) P/V ratio. (ii) Sales at break-even point. (iii) Sales units required to earn a target net profit of Rs. 1,20,000. (iv) Sales units required to earn a target net profit of Rs. 1,00,000 after income-tax, assuming income-tax rate to be 50%. (v) Profit at sales of Rs. 7,00,000. New

6 lakhs ost of the product is Rs. 120 per unit and the fixed cost for the year is Rs. 96,000. Illustration 19. A company produces a single product and sells it at Rs. 200 each. The variable lakhs + Rs. 24 lakhs) Calculate: (i) P/V ratio. (ii) Sales at break-even point. (iii) Sales units required to earn a target net profit of Rs. 1,20,000. (iv) Sales units required to earn a target net profit of Rs. 1,00,000 after income-tax, assuming income-tax rate to be 50%. (v) Profit at sales of Rs. 7,00,000. New

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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KS. 6 lakhs cost of the product is Rs. 120 per unit and the fixed cost for the year is Rs. 96,000. Illustration 19. A company produces a single product and sells it at Rs. 200 each. The variable + Rs. 24 lakhs) Calculate: (i) P/V ratio. (ii) Sales at break-even point. (iii) Sales units required to earn a target net profit of Rs. 1,20,000. (iv) Sales units required to earn a target net profit of Rs. 1,00,000 after income-tax, assuming income-tax rate to be 50%. Profit at sales of Rs. 7,00,000. (v) Solution
Transcribed Image Text:KS. 6 lakhs cost of the product is Rs. 120 per unit and the fixed cost for the year is Rs. 96,000. Illustration 19. A company produces a single product and sells it at Rs. 200 each. The variable + Rs. 24 lakhs) Calculate: (i) P/V ratio. (ii) Sales at break-even point. (iii) Sales units required to earn a target net profit of Rs. 1,20,000. (iv) Sales units required to earn a target net profit of Rs. 1,00,000 after income-tax, assuming income-tax rate to be 50%. Profit at sales of Rs. 7,00,000. (v) Solution
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