Exercise 1: From the following information calculate: (I) P/V Ratio (2) Break-Even Point (3) If the selling price is reduced to OMR. 80, calculate New Break-Even Point: Total sales OMR. 500,000 Selling price per unit OMR. 100 Variable cost per unit OMR. 60 Fixed cost OMR. 120,000
Exercise 1: From the following information calculate: (I) P/V Ratio (2) Break-Even Point (3) If the selling price is reduced to OMR. 80, calculate New Break-Even Point: Total sales OMR. 500,000 Selling price per unit OMR. 100 Variable cost per unit OMR. 60 Fixed cost OMR. 120,000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Exercise 1:
From the following information calculate:
(I) P/V Ratio
(2) Break-Even Point
(3) If the selling price is reduced to OMR. 80, calculate New Break-Even Point:
Total sales OMR. 500,000
Selling price per unit OMR. 100
Variable cost per unit OMR. 60
Fixed cost OMR. 120,000
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