Answer:
a. $283,140
Explanation:
equivalent units: complete untis + percentage of completion ending units
(notice there is no beginning inventory)
18,000 complete + 2,000 x 100% = 20,000 materials
18,000 complete + 2,000 x 30% = 18,600 conversion cost
equivalent cost: 100,000 / 20,000 = 5
conversion cost: (142,300 + 57,200) / 18,600 = 10,72580 = 10.73
total unit cost: 15.73
transferred-out units: 18,000 x 15.73 = 283.140
Generally, the price of <u>other goods</u> is an important determinant of demand for a product.
<h3>What are the determinants of demand? </h3>
The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.
Therefore, the price of <u>other goods</u> is an important determinant of demand for a product.
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Introduction
“Project risk analysis,” as described by The Project Management Institute (PMI®), “includes the processes concerned with conducting risk management, planning, identification analysis, response, and monitoring and control on a project;./…” (PMI, 2004, p 237) These processes include risk identification and quantification, risk response development and risk response control.
Because these processes interact with each other as well as with processes in other parts of an organization, companies are beginning to measure risk across all of their projects as part of an enterprise portfolio.
Risk management can be as simple as identifying a list of technological, operational and business risks, or as comprehensive as in-depth schedule risk analysis using Monte Carlo simulation. But because risk is a driver in an organization's growth – the greater the risk, the greater the reward – the adoption of a structured enterprisewide project risk analysis program will give managers confidence in their decision-making to foster organizational growth and increase ROI for their stakeholders.
Choosing the right projects
How well an organization examines the risks associated with its initiatives, how well it understands the way that projects planned or underway are impacted by risk, and how well it develops mitigation strategies to protect the organization, can mean the difference between a crisis and an opportunity.
Examples abound of companies that have seen their fortunes rise or drop based on the effectiveness of their risk management – a pharmaceutical company makes headlines when its promising new drug brings unforeseen side effects. Or a large telecom corporation pours millions of dollars into perfecting long distance, while new technologies are presenting more exciting opportunities.
Today that pharmaceutical is distracted by lawsuits and financial payouts, finding itself with a shrinking pipeline of new drugs. The telecom, on the other hand, after using a portfolio risk management software application to rationalize and rank its initiatives, made the decision to shift its research dollars away from perfecting long distance and into developing VOIP -- rejuvenating and reinforcing its leadership position.
The filter that can be used to find a specific project when in the work area is: Project name.
<h3>Project Filter</h3>
When looking or searching for a particular project that meet your requirement in a work area, in order to find the project the best thing to do is to include the following filter as it will enables you to find the project you are looking for;
- Project name
- Due date
- Template name
- Team member
Therefore the filter that can be used to find a specific project when in the work area is: Project name.
Learn more about project filter here:brainly.com/question/23643337
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