READ THE CASE ATTACHED AND ANSWER QUESTIONS BELOW: Cost of Goods Sold Statement

Posted: September 25th, 2023

READ THE CASE ATTACHED AND ANSWER QUESTIONS BELOW:
Cost of Goods Sold Statement – see COGS Statement sheet – Prepare a cost of goods sold statement for Harsh Electricals.
HINT – Production Units are STD 3260, Baleno 810
Pro Forma Income Statement – see Proforma Inc Stmt sheet – Using Harsh Electricals’ product and period costs, create a projected income statement for the calendar year 2014.
HINT – Sales Units are STD 3200, Baleno 800
CVP Analysis – see CVP Analysis sheet – Create a cost-volume-profit analysis for Harsh Electricals.
Break Even Calculation – see BE Calc sheet – Calculate Harsh Electricals’ BEP in terms of units and volume.
Target Profit Calculation – see Target Profit Calc sheet – Calculate the number of units that Harsh Electricals must sell to match the level of profit earned in the financial year 2010-2011.