question archive Calculate the amount of sales when variable costs are equal to 70% of sales and fixed costs are equal to Rs

Calculate the amount of sales when variable costs are equal to 70% of sales and fixed costs are equal to Rs

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Calculate the amount of sales when variable costs are equal to 70% of sales and fixed costs are equal to Rs. 30,000. Ans: 100000

Iqbal Corporation produces and sells a single product, has provided its contribution format income statement for March.

Sales (17,000 units)

Rs. 2,210,000

Variable Expenses

1,530,000

Contribution Margin

   680,000

Fixed Cost

   250,000

Net Profit

   430,000

If the company sells 19,000 units, its net operating income should be closest to:

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