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calculate- current cost operating profit, realized davings, unrealized savings Hobart Ltd commenced its operation on 1 January 2020 and the financial statements are as follows:

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calculate- current cost operating profit, realized davings, unrealized savings
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Hobart Ltd commenced its operation on 1 January 2020 and the financial statements are as follows: Hobart Lid Balance Sheet (31 December 2020) Current Assets Cash 110 Accounts Receivable 25 Inventory 35 Non-current Assets Plant and Equipment 90 Accumulated Depreciation 9 Land 75 Total Assets 326 Current Liabilities Bank Overdraft 10 Accounts Payable 50 Tax Payable 50 Dividends Payable 15 Non-current Liabilities Bank Loan 10 Total Liabilities 135 Net Assets 191 Represented by: Shareholders' funds Paid-up Capital 180 Retained Earnings 11 Hobart Ltd Income Statement (31 December 2020) Sales Revenue 195 COGS 100 Gross Profit 95 Other Expenses Administrative Expenses Interest Expenses 1 Depreciation Profit Before Tax 76 Tax 50 Profit after Tax 9 9 26 Additional Information is presented below: The replacement cost of the Inventory sold during the year end equals to 110. The replacement cost of the Inventory at year end equals to 38. The replacement cost of the plant and Equipment at year end equals to 95. The replacement cost of the Land at year end equals to 77. The expected life of the Plant and Equipment is ten years with no residual value. calculate- current cost operating profit, realized davings, unrealized savings Hobart Ltd commenced its operation on 1 January 2020 and the financial statements are as follows: Hobart Lid Balance Sheet (31 December 2020) Current Assets Cash 110 Accounts Receivable 25 Inventory 35 Non-current Assets Plant and Equipment 90 Accumulated Depreciation 9 Land 75 Total Assets 326 Current Liabilities Bank Overdraft 10 Accounts Payable 50 Tax Payable 50 Dividends Payable 15 Non-current Liabilities Bank Loan 10 Total Liabilities 135 Net Assets 191 Represented by: Shareholders' funds Paid-up Capital 180 Retained Earnings 11 Hobart Ltd Income Statement (31 December 2020) Sales Revenue 195 COGS 100 Gross Profit 95 Other Expenses Administrative Expenses Interest Expenses 1 Depreciation Profit Before Tax 76 Tax 50 Profit after Tax 9 9 26 Additional Information is presented below: The replacement cost of the Inventory sold during the year end equals to 110. The replacement cost of the Inventory at year end equals to 38. The replacement cost of the plant and Equipment at year end equals to 95. The replacement cost of the Land at year end equals to 77. The expected life of the Plant and Equipment is ten years with no residual value. calculate- current cost operating profit, realized davings, unrealized savings

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