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Case Study: Pramini, R., & Ashutosh, D. (2019, April 22). Harsh electricals: Analyzing cost in search of profit. Ivey Publishing. Retrieved from https://www.iveycases.com/ProductView.aspx?id=101830

Case Study: Pramini, R., & Ashutosh, D. (2019, April 22). Harsh electricals: Analyzing cost in search of profit. Ivey Publishing. Retrieved from https://www.iveycases.com/ProductView.aspx?id=101830

Objectives

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Identify a role to assume in an analysis of a presented caseAssess the financial reporting landscape, considering the user needs, constraints, and business environmentIdentify the issues contained in a presented caseAnalyze the issues (qualitatively and quantitatively) in a presented caseProvide a recommendation and conclusion based on a sound analysis of a case

Instructions

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Individually, review the case, which can be purchased using the following link from Ivey Publishing: https://www.iveycases.com/ProductView.aspx?id=101830Leverage the Intermediate Managerial Accounting textbook.Develop a formal response to the problem(s) posed in the case, addressing the following areas within the analysis and using the same headings.Introduction/Issue identificationPrepare a cost of goods sold statement for Harsh ElectricalConsidering Harsh Electrical’s product and period costs, create a projected income statement for the calendar year 2014.Calculate Harsh Electricals’ Break Even Point (BEP) in terms of units and volumeCalculate the number of units that Harsh Electricals must sell to match the level of profit earned in financial year 2010-2011.Summarize the case and conclude, including the integration of qualitative factors of the decision

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