Two business companies ABC Ltd and PQR Ltd produce and sell the same type of product in the same type of market. Their budgeted P&L A/c for the year ending 31 March 2010 are as follows:
| Particulars Don't use plagiarized sources. Get Your Custom Essay on two business companies abc ltd and pqr ltd produce and sell the same type of product 609579 Get an essay WRITTEN FOR YOU, Plagiarism free, and by an EXPERT! Just from $10/Page | ABC Ltd Rs. | PQR Ltd Rs. |
| Sales | 4,50,000 | 4,50,000 |
| Less: Variable cost | Rs. 3,60,000 | Rs. 3,00,000 |
| Fixed cost | 45,000 | 1,05,000 |
| 4,05,000 | 4,05,000 | |
| Net budgeted profit | 45,000 | 45,000 |
You are required to compute:
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