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It is Top management policy to maintain the present gross margin percentage.
Problem 1: What price should the company charge for its one inch drill if sales are expected to go up to 7000units and $9600 of Manufacturing overhead is fixed.
Problem 2: Determine the gross margin for 5000 units that sell for $15 per unit , you will first have to find following
Direct Materials Direct LaborIndirect MaterialsManufacturing Overhead
Problem 3: Determine the following for selling 7000 units
Direct materialsDirect LaborIndirect MaterialsManufacturing Overhead
Problem 4: Determine Gross Margin
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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