What are the two inputs required in the preparation of the pro forma statements?

Q: Margin of safety is computed as Select one: O a. Contribution margin - Fixed costs O b. Breakeven…

A: Margin Of Safety is the difference between Break Even Sales and Actual Sales

Q: The components of the conceptual framework ?

A:

Q: Which one of the following journal entries is correct to for the issuance of direct materials to…

A: Job costing refers to a costing method that is suitable for the ascertainment of cost of the…

Q: 1: PFRS 17 allows and insurer to change its accounting policies for insurance contract only if, as a…

A: Only the S1 is correct  PFRS 17 said that insurer can change its accounting policy if it provides…

Q: O The NPV and IRR methods, when used to evaluate two independent and equally risky projects, will…

A: Net present value is defined as the difference between the PV of cash flows that are inflows and…

Q: The degree of operating leverage Select one: O a. can be computed by dividing total contribution…

A: Leverage is the risk that a company bears.

Q: Managers may operate in stockholders' best interests, or managers may operate in their own personal…

A: The answer is stated below:

Q: What are asserts

A: What are assets?

Q: purpose of FA

A: FASB stands for Financial Accounting Standards Board. It is a non-profit organization that follows…

Q: What are the key assumptions of the CAPM?

A: Introduction: The CAPM is an equilibrium model that stipulates the relationship between necessary…

Q: What assumptions are inherent in the EOQ model as presentedhere?

A: Economic order quantity (EOQ): Economic ordering quantity (EOQ) is the perfect order quantity a…

Q: There were 1,000 units in ending inventory after transferring 16,000 units to finished goods…

A: Inventory is accounting of items and raw material a company uses in production or sales.

Q: Matthias Corporation has provided data concerning the Corporation's Manufacturing Overhead account…

A: 1st Option is correct Manufacturing overhead applied to Work in Process for the month was $97,000.

Q: (a) What are the current yield on a three-year bond whose face value is $1000 with a coupon rate of…

A: Bonds are the financial instruments that are the debt instruments of a company and are used for…

Q: Case Study: Assume that are the financial manager of a company, which is considering a potential…

A: The question is based on the concept of net present value (NPV) and calculation of sensitivity…

Q: Answer the questions below as it relates to Targeting by Decile Grid: The Market Basket consists of…

A: Decile is a consumer reporting and analytics system that assists marketing in raising revenue,…

Q: The second step in accounting for process costs will be to O a compute total costs of work completed…

A: Process costing is a part of cost analysis which is used by organizations that have more than 1…

Q: What is the objective of having a conceptual framework?

A: Conceptual framework means set of rules and guidelines that help the users and preparers in…

Q: which is correct from these attached?

A: A cash flow statement is the one prepared as a part of financial statements under which the cash…

Q: Which is not a section of the cash budget? *a fnancing needs Ob allowance for uncollectible accounts…

A: Cash receipts, cash disbursements, and financing needs are all part of the cash budget. The cash…

Q: Carbbean Company sold 100,000 gizmos at $12 each. Fixed costs were $300,000 and net income was…

A: As per the CVP income statement, the contribution margin is determined after deducting variable…

Q: A company presented the information: Beginning cash balance $25,000 Required ending balance $10.000…

A: The entity needs to borrow the money for maintaining the ending cash balance after considering the…

Q: What does the statement mean?

A: A financial system is a collection of entities that allow money to be exchanged, such as banks,…

Q: O The NPV and IRR methods, when used to evaluate two independent and equally risky projects, will…

A: The discounted technique of net present value (NPV) is used to assess the effectiveness of a…

Q: What does the concept "substance over form" stand for?  Can you provide me with some examples?

A: Substance over form: It is an accounting concept, which means that the business must record those…

Q: A company's contribution margin per unit is $25. If the company increases its activity level from…

A: The contribution margin depends on the number of units produced, if the number of units increases…

Q: What are the main components of DU pont Analysis? Explain.

A: Introduction Dupont analysis Dupont system of analysis is an approach that can be used to analyse…

Q: what is the summary of this topic?

A: Here ask about the summary of the product which is the important aspect of the packing for the…

Q: An ending work in process of 750 units with two-thirds completed is equivalent to work done for a.…

A: Equivalent units refer to the units in production process that are multiplied by percentage of its…

Q: S1: In accordance with the accrual assumption, the full amount of the premium is recognized…

A: In accordance with accrual concept, the full amount of the premium is recognised immediately as…

Q: During the month of June actual direct labor cost amounted to $39,550, the standard direct labor…

A: Variance analysis is the one that shows the variation between the actual costs incurred and the cost…

Q: Ramjack manufacturing company uses job costing, absorbing overheads at 150% of direct labor cost.…

A: The overheads cost is the indirect cost incurred in the process of manufacturing, these cost cannot…