Question: Cost of Goods Sold Statement - see COGS Statement sheet - Prepare a cost of goods sold statement for Harsh Electricals. HINT - Production Units

  • 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 financial year 2010-2011.

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