a basis per

Q: How much is the total shortage/overage, if there are any? No need to distinguish between shortage or…

A: A petty cash fund is a small quantity of bills and coins kept on the premises by an organization to…

Q: Which year had a better performance?

A: Year in which net sales of the company is more, will be year which had a better performance. Net…

Q: Define net operating loss.

A: For income tax purposes, a net operating loss (NOL) is the result when a company's allowable…

Q: What is the bottleneck cycle time (seconds/job)?  Answer as a whole number.

A: Bottleneck cycle time is the longest time taken to complete the prices

Q: What are two ways to calculate returns for a holding period?

A: It is also called as HPR, which states to the total returns during a period for which a investment…

Q: What is the estimated recovery percentage?

A: Recovery percentage is the percentage arrived at by dividing the amount that you actually collect…

Q: average collection period_

A: Average collection period = 365 * ((Accounts receivable, Opening + Accounts receivable,…

Q: At the end of the year, when closing the books, what is the treatment for immaterial standard…

A: Variance: Variance refers to the difference level in the actual cost incurred and standard cost. The…

Q: how much is the Allowance for Overvaluation after adjustment?

A: Given that, Allowance for overvaluation = P157,500 Shippment from home office = 120% of cost…

Q: Determine the weighted contributed margin per unit in prior year. Determine the total contribution…

A:

Q: The long-term direction indicated by a time series is known as the Select one: Regular Direction…

A: Introduction: A time series is a group of remarks of well-defined data items attained over repeated…

Q: Explain two available treatments for disposing of overhead cost variances at the end of a period.

A: If the standard cost system is utilized, then the variance associated to overhead cost should be…

Q: Can the EOQ model be used when a company faces seasonaldemand fluctuations?

A: Economic Order Quantity (EOQ) is one of the models in inventory management which is used to minimise…

Q: What is a break-even point and how is it calculated?

A: Break-even point: Break-even point is defined as a situation where a firm’s expenses and revenues…

Q: What is maturity date?

A: Maturity dates are generally used in order to classify the securities as short term, medium term or…

Q: What is interim reporting period? Describe about it.

A: Interim financial statements are defined as a financial report containing either a complete set of…

Q: Define seasonal dating

A: Introduction: When sales are seasonal an organization makes use of seasonal dating. For example,…

Q: What is difference between PERIODIC FIFO and PERPETUAL FIFO.

A: FIFO:   FIFO method is a method used for cost flow assumption mainly for the purpose of cost of…

Q: ce raise and operation of busin long period of time? Explain in

A:

Q: Short-term decisions are viewed as decisions that have short-term impacts and can be changed or…

A: Business decisions that affect the short term plans of a business are known as short-term decisions.…

Q: What is the difference between Payables Ageing Summary and Payables Ageing Detailed Reports?

A: Payables ageing reports are related to MYOB (Mind your own business. This is found in Report meny…

Q: How do I calculate the break even point per unit?

A: Break Even Point:                 Break Even Point is defined as the level where there is no profit…

Q: Prior (Past) service cost is expensed immediately using which of the following? a. U.S. GAAP. b.…

A: Prior or past service cost refers to the changes in the PV of defined benefit obligations due to the…

Q: How can Replacement Analysisbe used when the Required Service Period Is Long?

A: Replacement analysis tells a company about the replacement time of an asset. The asset gets obsolete…

Q: Define seasonal effects on ratios

A: SOLUTION:- Seasonal factors can also distort a ratio analysis. For example inventory is very much…

Q: Are the non-GAAP measures calculated consistently from one period to the next?

A: Non-GAAP measurements are used by businesses to enhance their financial statements to communicate…

Q: effect of a change in useful life and residual value

A: "Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: How to choose a base year for horizontal analysis?

A: Horizontal Analysis: It refers to an analysis of financial statements of a company over a period of…

Q: What is meant by maturity date?

A: Bonds are simply corporate debt units that are issued by firms and securitized as tradeable assets.…

Q: How to prepare a break-even chart for the given period from the Table?

A: Break-even analysis is the costing technique of determining and analyzing the margin of safety (MoS)…

Q: What indicators suggest that a performance obligation has been satisfied at a single point in time?

A: Performance obligation: Performance obligation is the promise made by the seller to supply the goods…

Q: What is the difference between the percent-of-receivables and aging-of-receivables methods?

A: Percentage of sales method:Credit sales are recorded by debiting (increasing) accounts receivable…

Q: How to calculate operating loss?

A: A net operating loss is occurred when the gross deductions are more than its total income of the…

Q: Project's Life Is Longer than the Analysis Period. Explain how?

A: The question is based on the concept of capital budgeting and life of project. The life of project…

Q: riance is favorable if the actual revenue exceeds what the revenue should have been for the actual…

A: the correct statement is  True

Q: What is a revenue variance and what does it mean?

A:

Q: Help question 37

A: False. Labor efficiency variance measures the difference between the Actual labor hours worked and…

Q: Monthly budgeted fixed overhead cost?

A: Formula: Monthly fixed overhead rate per hour = Predetermined overhead rate x Fixed overhead %

Q: The profit and liquidity budget reflects periods, while a balance sheet budget shows a situation at…

A: Budgeting The process of estimating revenue and expenses for a future period of time refers to the…

Q: How does Average Length of Stay affect the revenue cycle in a long-term care facility?

A: Revenue Cycle Management (RCM) refers to the process of identifying, retrieving, and managing…

Filing Federal Income Tax Return

A tax is the amount of money paid to the government on the revenue earned by the individual or business organization. It acts as an income for the government and an expense for the individual or business organization. There are different regulations regarding filing an income tax return in other countries.