Numerical - Calculate amount of profit for given sales, selling price, fixed & variable cost
Q. Estimate amount of profit if Sales is 10,000 units Fixed cost is Rs 50,000, Variable cost per unit is Rs 12 and selling price per unit is Rs 20.- Published on 15 Sep 15a. Rs 12,000
b. Rs 5,000
c. Rs 30,000
d. None of the above
ANSWER: Rs 30,000