Question: please assist QUESTION 2 2.1 (20) Marka) REQUIRED Use the information provided below to prepare the Pro-forma Statement of Congechensive income for the year ended

please assist
please assist QUESTION 2 2.1 (20) Marka) REQUIRED Use the information provided
below to prepare the Pro-forma Statement of Congechensive income for the year

QUESTION 2 2.1 (20) Marka) REQUIRED Use the information provided below to prepare the Pro-forma Statement of Congechensive income for the year ended 31 December 2023. (Note: The statement must relect the gross profit, operating groflit proft before tax and profit after tax.) INFORMATION (10 makt The following figures have been extracled Irom the Statement of Comprehensive Insome of Replide Lindad for the yoar ended 31 December 202 . Additional inlormation 1. The salas forecast for the yoar ended 31 Docember 20023 is R2400000 2. The groes margin retio for 2023 is expochd to inctease to 55% 3. Riptide Limited has identled cperating expenses and irtarost expense as vaying in propotion to salas 4. Compary tax is calculated 227% of the profit beloes tax 22 REQUIRED Caiculate the following from the information provided below: 2.2.1 Value of the dosing inventory and issues to production using the frot-in-fist-out (FiFO) method: (6 maks). 2.2 Value of the dosing inventory using the weighthed averags cost method. (Express the average cost per unit to the nearest cent) (4 maks) INFORMATION The following transactions of Global Manufacturers took place during March 2023 in respect of a component used in croduction

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