The Garware Paints Ltd presents to you the following income statement in a condensed form for the first | quarter ending March 31: Particulars Sales Variable costs Contribution Fixed costs Net income P/V ratio Break-even sales Sales-mix (per cent) X Rs 1,00,000 80,000 20,000 0.20 0.50 Product Y Rs 60,000 42,000 18,000 0.30 0.30 Z Rs 40,000 24,000 16,000 0.40 0.20 Total Rs 2,00,000 1,46,000 54,000 27,000 27,000 0.27 1,00,000 100 Determine the Break-even point for the firm. How many units of each product X, Y and Z need to be sold in order to achieve the Break-even, given the selling price of Rs. 10, 15 and 5 respectively? Assumption: Sales Mix remains Constant
The Garware Paints Ltd presents to you the following income statement in a condensed form for the first | quarter ending March 31: Particulars Sales Variable costs Contribution Fixed costs Net income P/V ratio Break-even sales Sales-mix (per cent) X Rs 1,00,000 80,000 20,000 0.20 0.50 Product Y Rs 60,000 42,000 18,000 0.30 0.30 Z Rs 40,000 24,000 16,000 0.40 0.20 Total Rs 2,00,000 1,46,000 54,000 27,000 27,000 0.27 1,00,000 100 Determine the Break-even point for the firm. How many units of each product X, Y and Z need to be sold in order to achieve the Break-even, given the selling price of Rs. 10, 15 and 5 respectively? Assumption: Sales Mix remains Constant
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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