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Fixed costs Rs.6000, Profit required Rs.4000 and P/v ratio is 50% , then sales required will be………….

<p><strong>(a)6000 </strong></p> <p><strong>(b)4000 </strong></p> <p><strong>(c)10000</strong></p> <p><strong> (d)20000</strong></p>

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Question added by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date Posted: 2014/12/03
mohamed Hakim CMA CPA Candidate
by mohamed Hakim CMA CPA Candidate , Accounting Manager , Andersen saudi arabia

Answer D 

20000 -10000 = contribution10000

Then10000 -fixed cost6000 then =4000 profit 

 

 

Deleted user
by Deleted user

(d) (6000+4000)/0.5 =20000

Ednalyn Banuelos, CMA
by Ednalyn Banuelos, CMA , Projects Accountant , Grade Ref., LLC

mine answer is same with colleagues; no further explanation.

Haris Yaqub
by Haris Yaqub , Assistant General Manager Accounts and finance , Chenone stores ltd

D IS THE ANSWER 

Abdul Aziz CIA CISA
by Abdul Aziz CIA CISA , Manager Internal Audit , Naqua

(D)20,000

Jasna Anas
by Jasna Anas , Data Analyst / Project Coordinator , Kuwait Oil Company (KOC)

Answer is (d)20000

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

D)20000

Fawzy Ahmed Salim El-Shabiby
by Fawzy Ahmed Salim El-Shabiby , Accountant , Servtel Information, Security, and Telecommunication Network Limited

(D) Rs.20,000

 

Lesley Lanag CMA CPA
by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

Answer is (D)  20,000

 

COMPUTATION

STEP1

Sales                                 X

Variable cost                      ?

Contribution  margin.  10,000 (work back)

less :Fixed cost.              (6,000)

Profit.                                4,000

 

STEP2

PVR = Contribution/Sales

0.50 =10,000/X

X      =10,000/0.50

X      =20,0000

 

Saad Kapadia FCA - CIA - CFE - CISA - CRMA-FMVA
by Saad Kapadia FCA - CIA - CFE - CISA - CRMA-FMVA , Head Of Internal Audit , Cenomi Centers

d).20,000

Ahmed kandil
by Ahmed kandil , Cost Controller , Battour Holding Cpompany

answer is200006000+4000 =10000

10000/.5 =20000

 

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