Estimated Fees in India
₹ 500 to ₹ 700 per hour
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Answered on 08/08/2016 Learn Art and Creativity/Candle Making
Onkar Art And Craft
Answered on 04/10/2018 Learn Art and Creativity/Candle Making
Saravanan Jagadeesan
Artist
Lesson Posted on 30/05/2018 Learn Art and Creativity/Candle Making
Babulal
Marginal costing is variable costing only. No fixed cost is considered for decision making. It's cost of extra production, best mix, key factors and capacity availability formula.
1) sales_variablecost = contribution_fixedcost = profit
(2) profit volume ratio = contribution / sales*100
(3) breakeven sales = fixed cost / pv ratio
(4) margin of safety = acutal sales _ break even sales sales
(5) desired sales = desired profit /pv ratio
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