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The forecast income statements are as follows:
WORKINGS
Sales = 50000 × 1·12 = $56000000
Variable cost of sales = 30000 × 1·12 × 0·85 = $28560000
Fixed cost of sales = 30000 × 0·15 = $4500000 (assumed to be constant)
Administration costs = 14000 × 1·05 = $14700000
Interest under debt financing = 300 + (5000 × 0·1) = 300 + 500 = $800000
The intestate leaves one surviving spouse, but no child or children The surviving spouse is entitled to: 1. The personal and household effects of the deceased absolutely: "per
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Errors An error is an error discovered in the current financial period but it relates to one or more previous financial periods. Such errors arise due to mathematical mistakes, m
how to prepare a overhead analaysis
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recommendation regarding the current south African vat system
Question: Vinak Ltd., which produces three products provides you the following data for 2008-2009.
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