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Table 2.1 shows the formal accounts for Felmersham Electronics for the years 2016 to 2020. An analysis of the company performance over this period will give you some insights into what has happened. 2016 2017 2018 2019 2020 E Profit and Loss Sales Revenue 4,750.00 5,350.00 5.670.00 6,804 00 8.164.80 Cost of Sales Direct Material Cost 800.00 936 25 1,026 27 299376 3.674 16 Direct Labour Cost 1.950 00 2.198.85 2.330.37 966,17 1.143.07 Gross Profit 2.000.00 2 214 90 2.313.36 2,844.07 3.347 57 Indirect Costs Sales and Marketing 475.00 642.00 73710 1.020.60 1.061.42 Research and Development 450.00 454.75 453.60 272.16 244.94 Production 500.00 577 80 652 05 952 56 1 143 07 General Management 190.00 214.00 226 80 272.16 326 59 Finance 190.00 214.00 226 80 272.16 326 59 Total Indirect Costs 1805.00 2,102 55 2.296 35 2.789.64 3.102 62 Net Profit before depreciation, interest and taxation 195.00 112 35 1701 54.43 244 94 Table 2.1 Profit and Loss Accounts for Felmersham Electronics (all figures ,000) (a) (b) (c) Using this information what financial targets would you set for the company for the next financial year? Answer the following questions, alvina tull iustification for our answers. [5 Marks) What has happened in this company between 2016 and 2020? [2 Marks) What sales revenue target would you set for 2021? [3 Marks] What direct materials cost target would you set for 2021? [3 Marks] What direct labour cost target would you set for 2021? [2 marks] What target would you set for each of the 5 indirect costs? [2 Marks) What would the resulting Net profit before depreciation, interest and taxation be? (d) (e)

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