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Tutorial Q. 5 Assuming that the cost structure and selling prices remain the same in Periods I and II, as given below: Sales (RM) 240,000 Period Profit (RM) I 18,000 II 280,000 26,000 Required: Find out: a) Profit Volume ratio; b) Fixed cost c) Break – even point for sales;

Tutorial Q. 5 Assuming that the cost structure and selling prices remain the same in Periods I and II, as given below: Sales (RM) 240,000 Period Profit (RM) I 18,000 II 280,000 26,000 Required: Find out: a) Profit Volume ratio; b) Fixed cost c) Break – even point for sales;

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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Tutorial Q. 5 Assuming that the cost structure and selling prices remain the same in Periods I and II, as given below: Sales (RM) 240,000 280,000 Profit (RM) 18,000 26,000 Period I II Required: Find out: a) Profit Volume ratio; b) Fixed cost c) Break – even point for sales; d) Profit when sales are of RM200,000; e) Sales required to earn a profit of RM40,000 f) Margin of safety at a profit of RM30,000; g) Variable cost in Period II. Hint for: P/V ratio = Change in Profits x100 Change in Sales
Transcribed Image Text:Tutorial Q. 5 Assuming that the cost structure and selling prices remain the same in Periods I and II, as given below: Sales (RM) 240,000 280,000 Profit (RM) 18,000 26,000 Period I II Required: Find out: a) Profit Volume ratio; b) Fixed cost c) Break – even point for sales; d) Profit when sales are of RM200,000; e) Sales required to earn a profit of RM40,000 f) Margin of safety at a profit of RM30,000; g) Variable cost in Period II. Hint for: P/V ratio = Change in Profits x100 Change in Sales
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