Zulfiqar Incorporation produces and sells a single product, has provided its contribution format income statement for April. Sales (1,500 units) Rs. 1,500,000 Variable Expenses 1,102,500 Contribution Margin 397,500 Fixed Cost 272,950 Net Profit 124,550 Calculate Margin of Safety in Rs. for Zulfiqar Incorporation?
Zulfiqar Incorporation produces and sells a single product, has provided its contribution format income statement for April. Sales (1,500 units) Rs. 1,500,000 Variable Expenses 1,102,500 Contribution Margin 397,500 Fixed Cost 272,950 Net Profit 124,550 Calculate Margin of Safety in Rs. for Zulfiqar Incorporation?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Zulfiqar Incorporation produces and sells a single product, has provided its contribution format income statement for April.
|
Sales (1,500 units) |
Rs. 1,500,000 |
|
Variable Expenses |
1,102,500 |
|
Contribution Margin |
397,500 |
|
Fixed Cost |
272,950 |
|
Net Profit |
124,550 |
Calculate Margin of Safety in Rs. for Zulfiqar Incorporation?
(Don’t try to write any $, Rs, or any alphanumeric value in the Provided answer space)
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