Match List I with List II
|
LIST I (Cost-Volume-Profit Identities) |
LIST II (Underlying measurement) |
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|
A. |
Operating Profit |
I. |
Actual sales volume - Breakeven sales volume |
|
B. |
Profit-Volume Ratio |
II |
Sales Revenue - Total variable costs |
|
C. |
Margin of safety |
III. |
(Sales × P/V ratio) - Fixed Cost |
|
D. |
Contribution margin |
IV. |
(Unit sale price - Variable costs per unit)/Unit sale price |
Choose the correct answer from the options given below:
1
A - II, B - I, C - IV, D - III
2
A - III, B - IV, C - I, D - II
3
A - III, B - I, C - II, D - IV
4
A - IV, B - III, C - II, D - I