The following information provides by a hotel. Variable cost per unit Rs 40 and selling price per unit Rs 80 Fixed cost Rs 120,000 Required: a) Contribution margin ration (P/V ratio) b) Cost Volume…

The following information provides by a hotel. Variable cost per unit Rs 40 and selling price per unit Rs 80 Fixed cost Rs 120,000 Required: a) Contribution margin ration (P/V ratio) b) Cost Volume ratio c) Break-even point d) Required sales for desire profit Rs 40,000 e) Required sales to earn desired profits after tax Rs 60,000 if tax rate is 40%