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Question 3 The following table shows the wholesale sugar prices of some of the sugar producing nations: Country Brazil India Pakistan Philippines Sugar Price
Question 3 The following table shows the wholesale sugar prices of some of the sugar producing nations: Country Brazil India Pakistan Philippines Sugar Price per KG (USD) 0.30 0.35 0.31 0.50 i. List and explain at-least 5 reasons as to why the above countries can afford to sell sugar at lower prices than Fiji but still make profits. (5 marks) ii. As a management Accountant, explain how Fiji Sugar Corporation can use Budgetary Control System to Control its Cost of Production. How can these budgetary initiatives give Fiji some competitive edges in-terms of world market prices? (5 marks) iii. The 4 Questions below are based on Target Costing in relation to the FSC case. Treat each part separately as a completely different question.
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