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Match the following List-I List-II a Marginal cost 1 = Contribution...

This question belongs to Commerce Costing
Costing
?

Match the following.
List-I List-II
a. Marginal cost 1. . . . . . . . . = Contribution ÷ Sales
b. P/V ratio 2. Contribution = Selling price - . . . . . . . .
c. Profit 3. . . . . . . . . = Sales (1 - P/V ratio)
d. Variable costs 4. Margin of safety = . . . . . . . . ÷ P/V ratio

Answer & Solution
Correct Answer: Option C
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