A company has following details for this year Details Total sales($) Total cost($) Details Total sales($) Total cost($) Year ended 31/12/2018 35,78,998 25,89,709 Year ended 31/12/2019 48,90,742 31,67,984 Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019 and percent of fixed cost 2018/2019

A company has following details for this year Details Total sales($) Total cost($) Details Total sales($) Total cost($) Year ended 31/12/2018 35,78,998 25,89,709 Year ended 31/12/2019 48,90,742 31,67,984 Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019 and percent of fixed cost 2018/2019

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter7: Variable Costing For Management analysis

Section: Chapter Questions

Problem 16E

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Question

A company has following details for this year
Details Total sales($) Total cost($)

Details Total sales($) Total cost($)
Year ended 31/12/2018 35,78,998 25,89,709
Year ended 31/12/2019 48,90,742 31,67,984

Calculate P/V ratio, Fixed cost, break even sales, Margin of safety 2018/2019, Variable cost 2018/2019
and percent of fixed cost 2018/2019

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Please do not give solution in image format thanku
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