Question
The Bush Company has provided information concerning its projections for the coming year as follows: Net sales P10,000,000 Fixed manufacturing costs P1,000,000 Bush projects variable
The Bush Company has provided information concerning its projections for the coming year as follows:
Net sales P10,000,000
Fixed manufacturing costs P1,000,000
Bush projects variable manufacturing costs of 60% of net sales.Assuming no change in inventory, what will the projected cost of goods sold be?
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
