Management Accounting Test Questions
Q. A company produces and sells three types of products namely X, Y and Z. Total sales per month is Rs 60,000 in which the share of these three goods are 40%, 40% and 20% respectively. Variable costs of these three goods are 40%, 50% and 60% respectively. Compute combined P/V ratio.
a. 40%
b. 52%
c. 25%
d. 50%
No explanation is available for this question!
