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Business, 12.06.2020 19:57 cxttiemsp021

Company produces circuit boards in a foreign country that imposes a 15 percent VAT. This year, manufactured 7.2 million boards at a $4.40 material cost per unit. labor and overhead added $0.88 to the cost per unit. sold the boards to various customers for $6.60 per unit for a net profit of $1.32 per unit. How much VAT does Company owe

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Company produces circuit boards in a foreign country that imposes a 15 percent VAT. This year, manuf...

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