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Young Incorporated has experienced both profitability and inventory buildup that has resulted in short-term liquidity...

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Accounting

Young Incorporated has experienced both profitability and inventory buildup that has resulted in short-term liquidity problems. As a result, Young has hired you an expert business analyst to help them. The table below is for 2023, a typical year for Young. Young employs an experienced management team whose compensation consists of salaries, and bonuses based on net income (GAAP based).
Beginning Inventory in units 200
Price $550.00
Sold 450
Actual production 500
budgeted production 500
Unit Variable Costs
Manufacturing $125.00
Selling and Administrative $75.00
Fixed Costs
Manufacturing $100,000
Selling and Administrative $25,000
Required:
a) Can you help Young? What do you recommend? You must support your answer.

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