7. Store ABC has the following information: Shirts No of units 500 Unit price 300 Ties Socks Suits Jackets Overcoats 2,400 7.5 The total variable $300,000 Fixed costs: $100,000 Determine BEP 900 30 700 50 200 800 150 300

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A: TOTAL COSTTotal Cost is the cost incurred to manufacturing a product.Total Cost Includes Cost of Raw…

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A:

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A:

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Inventory Accounting

Inventory accounting is that branch of accounting that helps in determining the specific value of assets at different stages of production and development.