MGT402 GDB 2 Announcement 12 July 2010
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Starting Date Tuesday, July 13, 2010
Closing Date Thursday, July 15, 2010
Question/Description
Semester “Spring 2010”
“Cost and Management Accounting (MGT402)”
This is to inform that Graded Discussion Board (GDB)
will be opened according to the following schedule
Schedule
Opening Date and Time
July 13 , 2010 At 12:01 A.M. (Mid-Night)
Closing Date and Time
July 15 , 2010 At 11:59 P.M. (Mid-Night)
GDB Question:
Contribution margin to sales ratio is 84% for the ABC Co. and the breakeven point in sales is Rs. 150,000. The company desires a target net income of Rs. 42,000.
Required:
What will be value of Fixed Cost?
What will be target contribution margin?
What would be the amount of actual sales?
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