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Kindly solve with all steps explanation Example 2 : the following is the income statement of Giza Co . for the period ended December 3
Kindly solve with all steps explanation Example : the following is the income statement of Giza Co for the period ended December : Exercise:
The following is the income statement of Giza Co for the period ended December :
tableDescriptionProduct XProduct YProduct ZTotal
tableSales Revenue,,,, Variable cost,Contribution margin, Avoidable fixed cost,?, Unavoidable fixed cost,?,Net income loss
Required:
Complete the income statement
Do you advise the company to delete any product?
If the company can increase the sales of all products by do you still advice the company to delete any product? Justify?
tableDescriptionProduct XProduct YProduct ZTotalSales Revenue,Less: Variable cost,?,?,Contribution margin,Less: Avoidable fixed cost,Less: Unavoidable fixed cost,Net income loss
Required:
Complete the income statement
Do you advise the company to delete any product?
If the company can increase the sales of all products by do you still advice the company to delete any product? Justify?
thanks
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