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Casie company turns out 200 calculators a day at a cost of Php250 per calculator...

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Accounting

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Casie company turns out 200 calculators a day at a cost of Php250 per calculator of materials and variable conversion cost. It takes the firm 18 days to convert raw materials into a calculator. Casie's usual credit terms extended to its customer is 30 days, and the firm generally pays its supplies in 20 days. If the foregoing cycles aew constant what amount of working capital must Casie company finance

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