Question
Sugarcone corporation currently has a production volume of 500,000 per year which is expected to go up by 15% next year. The addition of
Sugarcone corporation currently has a production volume of 500,000 per year which is expected to go up by 15% next year. The addition of volume will increase Fixed Cost by Tk 2,00,000 next year as shown in the chart below. Fill up the blank cells and compute EPS. Production Volume Price per unit Sales Variable cost 45% Gross profit Fixed costs Depreciation EBIT Interest EBT Tax 35% Net Income Number of Shares EPS 500,000 40 20,000,000 23,000,000 9,000,000 10,350,000 1,200,000 1,150,000 650,000 575,000 40 750,000 1,400,000 1,100,000 650,000 750,000
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
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