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2 years ago

Why is it important for a project manager in a matrix organization to clearly define roles and responsibilities?

1 answer:

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Providing employees with a clearly defined role can prevent misunderstandings and confusion. This includes providing team members with clear responsibilities and expectations of both their functional manager and the project manager that they report to.

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The following transactions occurred during December 31, 2021, for the Falwell Company. A three-year fire insurance policy was pu

Leya [2.2K]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

1. Insurance expense for 6 months = 12,960 x 6/36

= $2,160

Prepaid insurance on December 31, 2021 = 12,960 - 2,160

= $10,800

2.Interest expense for 2 months = 220,000 x 12% x 2/12

= $4,400

Kindly comment if you need further assistance. Thanks

Download xlsx

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3 years ago

MacDonald Products, Inc., of Clarkson, New York, has the option of (a) proceeding immediately with production of a new top-

Romashka-Z-Leto [24]

Answer:

The EMV for option a is $5,679,100

The EMV for option b is $5,719,200

Therefore, option b has the highest expected monetary value.

Explanation:

The EMV of the project is the Expected Money Value of the Project.

This value is given by the sum of each expected earning/cost multiplied by each probability.

a) proceeding immediately with production of a new top-of-the-line stereo TV that has just completed prototype testing.

There are these following probabilities:

77% probability of selling 100,000 units at $610 each.

23% probability of selling 70,000 units at $610 each.

$EMV = 0.77*E_{1} + 0.23*E_{2}$

$E_{1} = 100,000*610 = 6,100,000$

$E_{2} = 70,000*610 = 4,270,000$

$EMV = 0.77*E_{1} + 0.23*E_{2} = 0.77*(6,100,000) + 0.23*(4,270,000) = 5,679,100$

(b) having the value analysis team complete a study.

There are these following probabilities:

74% probability of selling 85,000 units at $720.

26% probability of selling 70,000 units at $720.

The cost of value engineering, at 120,000. So this value is going to be dereased from the EMV.

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000$

$E_{1} = 85,000*720 = 6,120,000$

$E_{2} = 70,000*720 = 5,040,000$

$EMV = 0.74*E_{1} + 0.26*E_{2} - 120,000 = 0.74*6,120,000 + 0.26*5,040,000 - 120,000 = 5,719,200$

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3 years ago

RE: Subaru While Japanese Yen sharply appreciated against US$, Subaru continued to manufacture most of their cars in Japan, then

Helen [10]

Answer:

Yen depreciated its value against US$

Explanation:

The reason was that the Japanese government has a free trade agreement with the United States and what happened was that the Yen appreciated against Dollars by which the Japanese companies might had suffered as the american products would have been imported more to the country because now they are cheaper than the Japanese cars, as a result the industry in the Japan would had suffered. So the government of japan set 115 Yen as apposed to 85 Yen against each dollars which resulted in increase in the demand of the manufacturing of the cars. Now the Japanese products were greater in demand because of they cost less. And at the year end 2015, the Sabaru reported $2 billion profit despite the fact that 80% of its production was in Japan. The american auto suffered loss of market by $2 Billion.

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3 years ago

He was called the Father of the Modern Periodic Table

Alexxandr [17]

Answer:

Dmitri Mendeleev

Explanation:

...........

5 0

3 years ago

Becky had net sales (all on account in 2014 of $600,000. at december 31, 2014, before adjusting entries, the balances in selecte

olchik [2.2K]

Given:
Net sales: 600,000
Accounts receivable: 750,000 debit
allowance for doubtful accounts: 1,500 debit
3% of the net sales will prove uncollectible

600,000 x 3% = 18,000

Net Realizable Value of the receivables to be reported on the financial statements at December 31,2014 is 733,500.

750,000 - 18,000 + 1,500 = 733,500

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3 years ago