Question 3: Sohar Company’s financial information is given in the table below. Year Sales (OMR) Fixed Costs Variable Costs 2019 405000 90000 225000 2020 450000 120000 240000 Calculate: P/V ratio, E.P. Sales required to earn a profit of OMR 40000. Margin of safety at a profit of OMR 50000 Profit when sales are OMR. 200000.
Question 3: Sohar Company’s financial information is given in the table below. Year Sales (OMR) Fixed Costs Variable Costs 2019 405000 90000 225000 2020 450000 120000 240000 Calculate: P/V ratio, E.P. Sales required to earn a profit of OMR 40000. Margin of safety at a profit of OMR 50000 Profit when sales are OMR. 200000.
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
Problem 23E
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Question 3: Sohar Company’s financial information is given in the table below.
Year |
Sales (OMR) |
Fixed Costs |
Variable Costs |
2019 |
405000 |
90000 |
225000 |
2020 |
450000 |
120000 |
240000 |
Calculate:
- P/V ratio,
- E.P.
- Sales required to earn a profit of OMR 40000.
- Margin of safety at a profit of OMR 50000
- Profit when sales are OMR. 200000.
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