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A Company requires ?85,00,000 in sales to meet its target net profit. Its contribution margin is 30% and the fixed costs are ?15,00,000. What is the target net profit?

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Syllabus (with weightage)
A. Cost Management 20%
B. Strategic Cost Management Tools and Techniques 50%
C. Strategic Cost Management - Application of Statistical Techniques in Business Decisions 30%

Related Test: CMA Intermediate Exam: Cost and Management Accounting


A Company requires ?85,00,000 in sales to meet its target net profit. Its contribution margin is 30% and the fixed costs are ?15,00,000. What is the target net profit?






 
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