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Ulsa Company has manufacturing subsidiaries in Malaysia and Malta. It is considering shipping the subcomponents of Product Y to one or the other of these

Ulsa Company has manufacturing subsidiaries in Malaysia and Malta. It is considering shipping the subcomponents of Product Y to one or the other of these countries for final assembly. The final product will be sold in the country where it is assembled. Other information is as follows: Average exchange rate Import duty Income tax rate Unit selling price of Product Y Price of subcomponent Pinal assembly costs Number of units to be sold $14.30 ringgits $ 10.40 lira Malaysia 71 20 Malta 17 10. 70 liri 20 liri 645 ringgits 215 ringgits 200 ringgits 13,600 units 7,000 units 25 liri In both countries, the import duties are based on the value of the incoming goods in the receiving country's currency. Required: a. For each country, prepare an income statement on a per-unit basis denominated in that country's currency. b. In which country would the highest profit per unit (in dollars) be earned? c. In which country would the highest total profit (in dollars) be earned

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