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You are asked by a Swedish company that assembles computers to draw up a by nature and by function income statement for year n You are provided with the following information Retail price of a PC

You are asked by a Swedish company that assembles computers to draw up a by-nature and by-function income statement for year n . You are provided with the following information: Retail price of a PC: €1500. Cost of various components: E XERCISES SECTION 1 Parts Case Motherboard Processor Memory Graphic card Hard disk Screen DVD combo Price 50 200 300 100 50 150 200 50 Opening inventory 5 8 4 6 1 5 3 7 Closing inventory 13 2 11 4 13 10 3 19 Over the financial period, the company paid out €60 000 in salaries and social security contributions of 50% of that amount. The company produced 240 PCs. Closing stock of finished products was 27 uni

 

Jun 02 2020 View more View Less

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