Calculate the following ratios for 2023, 2022, 2021
a. Sales to Production
b. Revenue per unit sold
The formula implementation is as shown below:
Calculate the following ratios for 2023, 2022, 2021 a. Sales to Production b. Revenue per unit...
AP11.2 (LO 2) Analytical procedures The following data was taken from the production and accounting records for Casuccio Manufacturing, Inc. Unaudited 2023 Audited 2022 Audited 2021 Operating Data Capacity in units 450,000 450,000 450,000 Production in units 450,000 400,000 300,000 Inventory in units 32,000 28,000 21,000 Financial Data ($000) Total revenues $35,200 $27,500 $21,200 Total assets $23,000 $19,500 $15,700 Accounts receivable, net $5,900 $4,300 $3,900 Bad debt expense $175 $135 $105 Accounts receivable written off $165 $125 $100 Required Calculate...