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laila [671]
2 years ago
14

_____ is the most common, real-world method of estimating projects. Group of answer choices Delphi Technique Time Boxing Bottom-

Up Estimating Guesstimating Top-Down Estimating
Business
1 answer:
MAXImum [283]2 years ago
7 0

Bottom-Up Estimating is the most common, real-world method of estimating projects. Option c is correct.

<h3>What is the bottom up estimating technique?</h3>

This is the  term that is used to refer to the estimation of work by making use of the details that are the possible least.

This method is known to be the most common method that is made use of while going through real world projects.

Read more on the Bottom-Up Estimating here:

brainly.com/question/17283932

#SPJ1

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Which of the following statements concerning the long - run average cost​ (LRAC) curve is correct​?A.The LRAC curve is derived f
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Answer:

The correct answer is letter "B": The LRAC curve represents the least-cost input combination of inputs for producing each level of output.

Explanation:

Presuming that all factors for production are available, the long-run average cost (<em>LRAC</em>) curve portraits the lowest cost per unit of the company at each output level. The approach also presumes that the company has selected the production optimal factor mix.

4 0
3 years ago
In the Assembly Department of Hannon Company, budgeted and actual manufacturing overhead costs for the month of April 2017 were
CaHeK987 [17]

Answer:

                            HANNON COMPANY

                           Assembly Department

           Manufacturing Overhead Cost Responsibility Report

                     For the Month Ended April 30,2017

Controllable Cost     Budget$   Actual$   Difference$   Remark  

Indirect materials       14,200       13,700         500         Favourable

Indirect Labor             19,100        19,900       -800         Unfavourable

Utilities                        11,400        12,100        -700         Unfavourable

Supervision                 4,600        4,600           0                 None

Total                            49,300       50,300    -1,000       Unfavourable

4 0
3 years ago
Four Seasons Industries has established direct labor performance standards for its maintenance and repair shop. However, some of
GREYUIT [131]

Answer:

a. (AR-SR)* Actual hours = Labour rate variance  

Actual rate = (-3,850/2,750) + $17.60

Actual rate = -$1.4 + $17.60

Actual rate = $16.20

b. Direct labour efficiency variance for August = Total direct labour budget variance - Direct labour rate variance

= 1,430 - (-$3,850)

= $5280 Unfavourable

c. Direct Labour efficiency variance = (AH-SH)*SR

5280 = (2,750 - SH) * 17.60

(2,750 - Standard hours) = 5280/17.60

(2,750 - Standard hours) = 300

Standard hours = 2,750 - 300

Standard hours = 2,450

8 0
3 years ago
In November 2009, Perrigo Co. (PRGO) had a share price of $39.20. They had 191.33 million shares outstanding, a market-to-book r
lubasha [3.4K]

Answer:

$0.86

Explanation:

Earnings per Share = Earnings attributable to holders of Common Stock ÷ Weighted Number of Common Stocks Outstanding.

where,

Earnings attributable to holders of Common Stock = $163.82 million

and,

Weighted Number of Common Stocks Outstanding = 191.33 million

Therefore

Earnings Per Share = $163.82 million ÷ 191.33 million

                                = $0.86

7 0
2 years ago
In the late 1970s Federal Reserve Chairman Paul Volcker contracted the money supply to reduce the rate of inflation. One result
xxTIMURxx [149]

Answer: to increase interest rates which reduced aggregate demand.

Explanation:

Since the money supply was contracted to reduce the rate of inflation, this will lead to increase interest rates which reduced aggregate demand.

In this case as a result of the increase in the interest rate, people will prefer to save their money in the banks and thus will result in less money in circulation which ultimately reduces the demand for goods and services.

8 0
2 years ago
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