What is Profit Volume Ratio?
Profit Volume Ratio ( P.V. ratio ) : This is also known as. “Contribution to sales Ratio”. This tries to establish the relationship between cost,...
Profit Volume Ratio ( P.V. ratio ) : This is also known as. “Contribution to sales Ratio”. This tries to establish the relationship between cost,...
Break Even Point ( BEP ) : BEP means the point of no profit or no loss. BEP is the output level or sales value,...
In Marginal costing, total cost is divided into variable cost & fixed cost. Variable cost amount will change in relation to changes in levels of...
P.R.S. is a statement prepared to reconcile the difference between : A) Net profit as per Cost Accounts ( as per cost – sheet )...
Classify the following items into direct and indirect cost: [April – 03] Soln: Items Classification (i) Carriage expenses on raw materials Direct Cost (ii) Advertisement...
Classify the following items of cost and justify the same: [April – 04] (a) Indirect wages (b) Carriage outward (c) Depreciation of delivery vans. (d)...
Classify the following items on the basis of cost: [April – 05] (a) On the basis of functions: (i) Legal expenses (ii) Rent of warehouse...
Classify the following items into direct and indirect cost: [Oct. – 04] (i) Carriage outwards ` 800. (ii) Cost of raw materials ` 1,200. (iii)...
Classify the following on the basis of: [Oct. – 06] (a) Functions: (i) Salesmen’s salary (ii) Office rent (iii) Factory watchmans wages (iv) Printing and...
Classify the following items on the basis of cost: [Oct. – 07] (a) On the basis of functions: (i) Trade fair expenses (ii) Lawyers Fees...