Answer:
I agree because it taught me how to be a tood person, and wpone that is smart academically and in life
Explanation:
Answer:
- communicate and deliver its positioning strategy
- define its positioning strategy
Explanation:
The wood shop company after identifying competitive advantage, they need to define their positioning strategy it will help them to learn about the market, customers and their competitors. After clearly understanding their positioning, they must communicate and understand the market dynamics to attain short-term and long term growth.
Answer:
$90,500
Explanation:
The computation of initial cash outlay is shown below:-
initial cash outlay = New machine cost + Increase in working capital - After tax salvage value
= $145,000 + $12,000 - (($75,000 - ($75,000 - $50,000) × 0.34
= $145,000 + $12,000 - $66,500
= $90,500
Therefore for computing the initial cash outlay we simply applied the above formula.
Answer:
c. $229
Explanation:
To compute the total absorption cost per unit we do the following,
Absorption of fixed costs = Fixed costs / units produced
Absorption cost = 200,000 / 4000 = $50/unit
Total cost of each individual unit = 99 + 55 + 25 + 50 = $229
This includes direct material, direct labor, manufacturing overhead and the fixed absorption cost.
With absorption costing we take all the goods produced in a period as denominator for the Fixed costs.
Hope that helps.
Answer:
Certain and amount can be estimated reliably.
Explanation:
According to IAS 37, a provision is a liability that arises as a result of a past event, for which it is more likely than not (Probability > 50%) that cash outflow will be required to settle the obligation in future. An the amount of liability can be estimated reliably.
Thus, a loss contingency will be accounted for in company's financial statements only if it is a <em>provision</em> (the liability can be determined with certainty) as above.
Contingent liabilities are not presented on the face of the Financial Statements but are disclosed in the notes.
