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Given sales = 100000, Profit = 10000 , variable cost = 70%.The sales required to earn a profit of Rs.40000 is …

<p><strong>(a)1500000</strong></p> <p><strong> (b)100000 </strong></p> <p><strong>(c)200000</strong></p> <p><strong> (d)none of these</strong></p>

Accounting Auditing Cost Accounting Financial Accounting Costing
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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
Upvote (1) Views (28) Followers (14) Answers (12) Report Question
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Lesley Lanag CMA CPA
by Lesley Lanag CMA CPA , Senior Accountant , Takaful Emarat Insurance (P.S.C)

Answer : (C)200,000

 

Sales      100,000 (100%)

VC           (70,000) (70%)

CM.          30,000  (30%)

FC.           (20,000) (squeezed)

Profit.        10,000

 

Sales      200,000 (60,000/30%)

VC           (70,000) (70%)

CM.          60,000  (30%)

FC.           (20,000) (will not change)

Profit.        40,000

SHINU SAM JOY
by SHINU SAM JOY , Accountant , Neat and Net LLC

V C =70000

F C =-10000 =20000

P/v Ratio =100000 -70000/100000 *100 =30%

Sales to earn profit of40000 =20000 +40000 /30% =200,000/-

Salah Othman Yousef Alshambaati
by Salah Othman Yousef Alshambaati , مدير ادارة الحسابات , شركة انفال الجديدة للتجارة والمقاولات

c

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

answer is200000sales - variable cost - fixed  cost = profit 

- FC  =10000

FC =20000

 

FC+ desired profit  / sales - variable cost 20000 +40000 /

60000/30%=200000

georgei assi
by georgei assi , مدير حسابات , المجموعة السورية

The correct answer200000

AHSAN AKHLAQ
by AHSAN AKHLAQ , accounts manager , sapphire plastic pvt ltd

c

Malik Khalid Mahmood
by Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Option C

Deleted user

the answer is    200000

Asim Azaldeen Abdalrahman Mhammed
by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY

Agreed with Mr Ahmed

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Answer option (c)  >>>>>>>>>>>> 2,00,000/-

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