P/V Ratio is an indicator of [A] the rate at which goods are sold [B] the volume of sales [C] the volume of profit [D] the rate of profit

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 3DQ: How do you calculate the markup on cost of goods sold? Is the markup pure profit? Explain.
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P/V Ratio is an indicator of

  • [A] the rate at which goods are sold
  • [B] the volume of sales
  • [C] the volume of profit
  • [D] the rate of profit
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