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Sir the sensitivity here is not 59%. The breakeven sales volume here is 100. so sensitivity shoud be (650-100)/650
sorry sir I misread it. One thing though, the questions states that adopting AVCO method would increase profit for the year by 2 million, why are we not accounting for that so the answer would be “increase by 1600000”. Thank you.
I know it is already 2021 but I’m stumbling on this. You said last year cost of sale was “overvalued”. Doesn’t that mean an adjustment would be made to reduce COS of last year (since it was too high, or, “overvalued”), and therefore increase COS of this year. Im so confused
thank you Sir
erm consolidation statements and comment on them?
