The following information is obtained from Gopu & Co. for the year ending on 31 March 1998: Sales = Rs 2,80,000; variable costs = Rs 2,10,000; and fixed costs = Rs 30,000. You are required to calculate the following:
- Present P/V ratio, BEP and margin of safety
- Revised P/V ratio, BEP and margin of safety for each of the following cases:
- 25% increase in selling price
- 10% decrease in selling price
- 20% increase in fixed costs
- 10% decrease in fixed costs
- 10% increase in variable costs
- 10% decrease in variable costs
- 10% increase in selling price accompanied by 10% decrease in variable costs
- 10% decrease in selling price accompanied by 10% increase in variable costs