Answer:
The correct answer is letter "C": Usually focuses on pro forma earnings, usually on a non-GAAP basis.
Explanation:
Pro forma is primarily used in the preparation of financial statements written by accountants. In accounting, pro forma financial statements are used to display the company's financial performance, except non-recurring extraordinary events that arise during the year, including losses or gains. Pro forma financials do not follow <em>Generally Accepted Accounting Principles</em> (GAAP).
The answer is 465
12 x 20 is 240
15 x 15 is 225
225 +240 = 465
Answer:
Departmental overhead rates
Explanation:
The company should consider the use of departmental overhead rate, if the amount of effort and attention to products varies substantially throughout the company's various manufacturing operations. This is because its helps in providing flexibility to every department of company shall conclude which department incurred high overhead in a particular period and particular process.
Answer:
A well-respected chairman of the Federal Reserve Bank suddenly resigns
Explanation:
A non-diversifiable or systematic risk, is a risk which is common to a whole market or class of investments and not just limited to just a particular company or investment.
Non-systematic risk is a risk common to just an investment or a company.
If the chairman of the Federal Reserve Bank suddenly resigns, it would affect a wide range of investments in the market and not just a company, which is an example of a non-diversifiable risk.
Answer:
c.used by the department
Explanation:
Since in the question it is mentioned that Miller Safety Equipment uses multiple production department rates so that it applied the overhead to products.
And according to that the allocation of support department cost to production
Here, the multiple production department rates are used so the support activity should be only used by the department.
