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Product Type Largo Global Production and Cost Information 2020 Standard Loot Box Deluxe Loot Box Volume (Number of Produ Selling Price Per Unit Total
Product Type Largo Global Production and Cost Information 2020 Standard Loot Box Deluxe Loot Box Volume (Number of Produ Selling Price Per Unit Total Sales $ 80 18.20 $ 20 27.85 Cost of Sales Selling and Admin Charges Depreciation Purchases Gross Profit 1 Determine Purchases Cost of Sale Plus: Closing Inventory Less: Opening Inventory Purchases 2020 2 Use traditional Allocation Method to Allocate Allocated Cost Purchases Selling and General Admin Depreciation Total Cost of Products Number of Products Cost per Product Total Costs 3 Determine the Profit Margins per product Standard Loot Box Deluxe Loot Box Split Based on volumes sold Half half Standard Loot Box Deluxe Loot Box Total Sales Less: Cost of Products Profit %Profit (Profit Sales) Half half Total Cost of Prouducts Number of Products
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Step 1 Determine Purchases 2020 The Purchases section involves calculating the cost of inventory acquired during the year The formula for purchases is ...Get Instant Access to Expert-Tailored Solutions
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