Question: Answer the questions from the information provided. 1.1 Use the information provided below to calculate the number of units of Product A that should be

Answer the questions from the information provided. 1.1 Use the information provided below to calculate the number of units of Product A that should be produced during July 2023. (4 marks) INFORMATION Norwich Limited's sales forecasts of Product A for July and August 2023 are as follows: Month Units July 60 000 August 72 000 The company's policy is to maintain an inventory of 20% of the following month's sales 1.2 Use the information provided below to prepare the Pro-Forma Statement of Comprehensive Income for the year ended 31 December 2023 that reflects the gross profit, operating profit, profit before tax and profit after tax. (4 marks) INFORMATION The following reflects the forecasts of ABC Limited for the year ended 31 December 2023
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
