Management Accounting - Finance (MCQ) Questions and answers for Q. 10124
Q. In a purely competitive market, 10,000 mobiles can be manufactured and sold for a certain profit. Profit targeted is Rs 2,00,000. The variable cost per mobile is Rs 100 and the total fixed costs are Rs 40,000. Find out unit selling price.- Published on 11 Sep 15a. Rs 124 per mobile
b. Rs 1.24 per mobile
c. Rs 1240 per mobile
d. None of the above
ANSWER: Rs 124 per mobile