Answer:
$73,500
Explanation:
The computation of the absorption costing net operating income last year is shown below:
= Variable costing net operating income - inventory units × Fixed manufacturing overhead cost per unit
= $81,900 - 2,800 units × $3
= $81,900 - $8,400
= $73,500
We simply deduct the fixed manufacturing overhead cost from the variable costing net operating income to find out the absorption costing net operating income
The total equity is $113,000.
<h3>What is the total equity?</h3>
Equity is the difference between assets and liabilities.
Liabilities are future benefits that would have to be sacrificed in the future by an entity to other entities as a result of past transactions. Liabilities include account payable.
Assets are resources that are used to generate income for the business. Assets include accounts receivable, office equipment and cash.
Equity = ($30,000 + $50,000 + $64,000) - $31,000 = $113,000
To learn more about liabilities, please check: brainly.com/question/26513242
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Answer:
The correct answer is the option A: cost-focus.
Explanation:
To begin with, a <em>cost-focus strategy</em> is the name given to a type of strategy defined by Michael Porter in competitive advantage in order to establish a strategy whose main purpose is to focus on a low price regarding the prices of the competitors in a narrow market. Therefore that in this case Ski Safety is pursuing a cost-focus strategy because the company is looking forward to compete in a narrow market thanks to a low price.
Answer:
A. Intangible assets
Explanation:
Intangible assets: They refers to assets that are not physical in nature. They are identifiable, non-monetary assets without physical substance such as brand recognition, intellectual property. Intellectual property includes patent right, copyright, and trademarks.
Intangible assets lice brand names are non physical in nature unlike tangible assets that are phsysical. Examples of tangible assets are building, vehicle, land, machineries and furnitures. They are assets that is expected to generate economic return in the future.
There are two classes of intangible assets
1. Identifiable intangible assets: These are intangible assets that can be separated from other assets such as copyright, trademarks and patent.
2. Unidentifiable intangible assets: They are assets that cannot be separated from other assets such as Goodwill.