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 the Break Even Sales 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 the Break Even Sales in Rs. for Zulfiqar Incorporation?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 10
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 the Break Even Sales in Rs. for Zulfiqar Incorporation?
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