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cestrela7 [59]
3 years ago
12

The project administrator is preparing a preliminary budget for a project and adds in the cost of a new computer for the project

team to use. What type of cost would this computer purchase represent
Business
2 answers:
Lemur [1.5K]3 years ago
5 0

Answer:

The correct answer is b. Direct.

Explanation:

The computer is considered a direct cost because it is essential in the development of the project. For each phase of the same it is required to analyze the information in order to outline the study, and for this reason it is considered as a resource that will be used directly until the completion of the project.

PolarNik [594]3 years ago
5 0

Answer:

Direct cost

Explanation:

A direct cost is that price which is usually tied to the production of a particular goods or services. It is essential throughout the duration of a project and is in most cases traced to the cost object. The project administrator in this case is aware of the importance of the computer for the successful completion of the project and hence adds in this cost. He added a direct cost because it can be accounted for in the production process.

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There are not enough goods and services to meet the wants of the population
brilliants [131]

Answer:

Explanation:

The fact that limited amounts of goods and services are available to meet unlimited wants is called scarcity. ... Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.

5 0
2 years ago
The price elasticity of demand in the United States for crude oil has been estimated to be minus 0.061 in the short run and minu
Anna [14]

Answer: B. is more price elastic in the long run than in the short run because in the long run a substitute for crude oil may be found

Explanation:

The Demand for Crude oil is more elastic in the long run than in the short run because in the long run a substitute for crude oil may be found.

Crude oil is more elastic in the long run because consumers have enough time to find substitute products for crude oil. Price elasticity of demand in the short run  is low because consumers donot have sufficient time to look for substitutes , they donot have much of a choice but to take whatever price is charged by producers of crude oil

3 0
3 years ago
Read 2 more answers
Bird Brain Co. reported net income of $45,000 for the year ended December 31, 2016. January 1 balances in accounts receivable an
Alika [10]

Answer:

Option (A) is correct.

Explanation:

Cash flow from Operating Activities:

=  Net income + (Beginning Accounts receivable - Ending Accounts receivable) + (Ending Accounts payable - Beginning Accounts payable)

= $45,000 + ($23,000 - $22,000) + ($28,000 - $26,000)

= $45,000 + $1,000 + $2,000

= $48,000

Therefore,  Bird Brain's cash flows from operating activities would be $48,000.

5 0
3 years ago
Your grandfather wants to establish a scholarship in his father’s name at a local university and has stipulated that you will ad
Paul [167]

Answer:

the answer for the first question is $166667.

the answer for the second question is $210526

the answer for the third question is An inverse.

Explanation:

given information that i will invest in a $10000 scholarship that will pay forever.

the interest rate charged is 6.00% per annum therefore this is a perpetuity present value problem where there is streams of income forever therefore we use the formula :

Pv of perpetuity= Cf/r

where Cr is the cash flows payed by the single investment forever in this case $10000 then r is the interest rate of the investment amount which is 6% in this case.

Pv of Perpetuity= $10000/6%

                           =$166667 therefore i must invest this amount to get the scholarship running with streams of $10000 forever.

in the second problem if now the interest rate is changed from 6% to 4.75% then the amount to be invested would be :

Pv of perpetuity = $10000/4.75%

                              =$210526 therefore this is the amount to be invested for a forever $10000 stream of incomes for a scholarship.

the relationship is indirect cause as the interest rate decreases the present value of the perpetuity that must be invested increases.

3 0
3 years ago
The Gargus Company, which manufactures projection equipment, is ready to introduce a new line of portable projectors. The follow
maksim [4K]

Answer:

The correct answer is $780.

Explanation:

As per the data given in the question,

Markup percentage = 30%

Total cost = $270 + $135 + $90 +$105

= $600

We can calculate the price by using following formula:

Price = Total cost + (Total cost × markup %)

by putting the value, we get

Price = $600 + ( $600 × 30% )

= $600 + $180

= $780.

Hence, the price that company charge will be $780.

5 0
3 years ago
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