Accounting and finance for managers, Basic Statistics

Assignment Help:

From the following information related to XYZ Ltd.; you are required to find out (a) contribution (b) Break-even point in units (c) Margin of safety, (d) Profit
Total Fixed Costs Rs. 6,000
Total Variable Costs Rs. 20,000
Total Sales Rs. 32,000
Units Sold 4,000 Units
Also calculate the volume of sales to earn profit of Rs. 12,000.

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