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AlexFokin [52]
3 years ago
14

There are three elements that can vary in multimedia project estimates: time, money and people

Business
2 answers:
iVinArrow [24]3 years ago
8 0

Understanding the equilibrium between these three elements of multimedia project estimates - "People, Time, and Money" - is critical to ensuring that every project has an equal chance of success.

<h3>Why does time, money, and people vary in project estimates?</h3>

The project plan and the estimate, which specifies the scope of work, are the backbone of the proposal.

Project estimates can be affected by three factors:

  • Time
  • Money
  • Personnel or people

Payments are normally made in three parts, and the time at which they are to be made is predetermined.

Establishment charges may be included in the first instalment of a progressive payment plan. The client or customers owns the completed work for which they have paid. The agreement/contract determines the definition of ownership.

Analyzing the activities associated with the project as well as the individuals that construct it is how cost estimation is done. Multimedia project billing costs typically vary from $60 to $150 per hour.

Check out the link below to learn more about multimedia;

brainly.com/question/24214331

#SPJ4

prohojiy [21]3 years ago
3 0

People, time and money are the three elements that might vary in estimates of multimedia projects. One or both element have to be increased if any one of them is decreased.

<h3>What is a Multimedia project?</h3>

Multimedia is the integration of media objects such as text, graphics, video, animation, and sound to represent and convey information.  

Multimedia projects are computer programs and products which involve sound, pictures, and film, as well as text. It is a task that sometimes requires a lot of time and effort.

Learn more about multimedia project here,

brainly.com/question/14177087

#SPJ4

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On January 1, 2014, Borstad Company purchased equipment for $1,180,000. It is depreciating the equipment over 25 years using the
bezimeni [28]

Answer:

Explanation:

a)Purchase cost - 1,180,000

Useful life - 25

Annual depreciation = 47,200

Timeline - Jan 1 , 2014 - 2019 = 6 years

Accumulated depreciation = 47200*6=283,200

Carrying value at 2019 = (1,180,000 - 283,200)= 896,800

B) Annual cash flow - 400,000

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Net cash inflow= 105,000

Net cash flow for 8 years = 105000*8 = 840000

Since the net cash inflow is less than the carrying value , there is an impairment.

PV value of the net cash inflow at 12% discount for 8 years = 521,602

Impairment loss = $375,198    

At December 21.2019

2.) Debit impairment loss - $375,198

Credit equipment - $375,198        

               

4 0
3 years ago
Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respec
Allushta [10]

Answer: The answer is e. $215,000.

Explanation: Based on the information provided in the question, see the cash flows statement below:

XYZ Cash Flows Statement

Net income                                                         $180,000

Increase in account receivable                           (15,000)

Increase in accounts payable                              50,000

Cash flows from operating activities             $215,000

  • Note that the purchase of equipment of $50,000 cash would not be considered under cash flows from operating activities but would rather be considered under cash flows from investing activities.
  • Increase in accounts receivable means outflow of cash while increase in accounts payable means non-payment of debt, that is, inflow of cash.
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3 years ago
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Gomer decides to spend an hour playing basketball rather than studying. His opportunity cost is: Group of answer choices the inc
TEA [102]

Answer:

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Explanation:

Opportunity cost also known as the alternative forgone, can be defined as the value, profit or benefits given up by an individual or organization in order to choose or acquire something deemed significant at the time.

Simply stated, it is the cost of not enjoying the benefits, profits or value associated with the alternative forgone or best alternative choice available.

In this scenario, Gomer decided to spend an hour playing basketball rather than studying his books. Thus, his opportunity cost is the benefit to his grades from studying for an hour.

This ultimately implies that, if he had spend the time he used in playing basketball to study, it would have added value to his grades.

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How to calculate the probablility that 2 or more people in a group have the same birthday?
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"according to the ______ method of accounting, revenues are recognized when they are earned"
ZanzabumX [31]

Answer:

the correct answer is accrual-basis

Explanation:

"according to the accrual-basis method of accounting, revenues are recognized when they are earned"

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