Leverage 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.I

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  1. Leverage the Intermediate Managerial Accounting textbook.
  2. 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 identification
    • Prepare a cost of goods sold statement for Harsh Electrical
    • Considering 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 volume
    • Calculate 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
  3. Marks will be assigned based on completing the objectives (noted above).
  4. There is no set length to the report, but clear, succinct, and concise language and organization will be considered favourably in the grade.
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