Q1131
Why is profit volume ratio used? 1. To compute the variable cost for any volume of sales. 2. To determine break-even point and the level of output required to earn a desired profit. 3. To decide most profitable sales mix. Select the correct answer
A.
Both 1 and 2
B.
Both 2 and 3
C.
Both 1 and 3
D.
All of these
AnswerAnswer: Option D
Solution
Answer: Option D
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