Exercise 3:  From the following particulars, calculate:  (a) P/V Ratio  (b) Profit when sales are OMR. 40,000, and  (c) New break-even point if selling price is reduced by 10%  Fixed cost = OMR. 8,000  Break-even point = OMR. 20,000  Variable cost = OMR. 60 per unit  Selling Price = OMR 100 per unit

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
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Exercise 3:

 From the following particulars, calculate:

 (a) P/V Ratio

 (b) Profit when sales are OMR. 40,000, and

 (c) New break-even point if selling price is reduced by 10%

 Fixed cost = OMR. 8,000

 Break-even point = OMR. 20,000

 Variable cost = OMR. 60 per unit

 Selling Price = OMR 100 per unit

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