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Goryan [66]
3 years ago
10

Suppose a project is subject to the following risk events (each with a given probability of occurring and a cost associated with

that occurrence): Event Probability Cost($000s) I .2 53 II .6 54 III .1 12 IV .3 21 Given these, Event _____ should probably get the most attention and Event _____ should probably get the least. a. I; III b. II; IV c. I; II d. III; IV e. II; III
Business
1 answer:
gulaghasi [49]3 years ago
5 0

Answer :

Correct answer is Option (e)

Explanation :

As per the data given in the question,

Option (e) is the correct answer, which indicates that Event 2nd should probably get the most attention and Event 3rd should probably get the least.

The reason behind it is Event 2nd has the highest probability of occurrence at 0.6 and cost associated with it is also the greatest at $54,000. Event 3rd has the least probability of occurrence at 0.1 and the cost associated with its occurrence is also the smallest at $12,000.Therefore this Event should be given least importance.

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The following cost behavior patterns describe anticipated manufacturing costs for 2013: raw material, $7.60/unit; direct labor,
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Answer: The answer is as follows:

Explanation:

Given that,

Raw material = $7.60/unit

Direct labor = $10.60/unit

Manufacturing overhead = $8.60/unit

(1) Unit cost under variable costing = Raw material + Direct labor + variable Manufacturing overhead

= 7.6 + 10.6 + 8.6

= 26.8

(2) Unit cost under absorption costing = Raw material + Direct labor + variable Manufacturing overhead + fixed Manufacturing overhead

= 7.6 + 10.6 + 8.6 + 8.6

= 35.4

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4 years ago
Assume there are routine inventory sales between parent companies and subsidiaries. When preparing the consolidated financial st
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Answer:

B. Consolidated gross profit

Explanation:

When businesses are said to be involved, gross profits in business is simply revenue from sales minus the costs to achieve those sales. In several cases, some people might say sales minus the cost of goods sold. It tells you how much money a company would have made if it didn’t pay any other expenses such as salary, water, electricity, income taxes, copy paper, rent and so forth for its employees. It's calculation is simple and done by subtracting cost of the goods sold from revenue. That is:

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6 0
3 years ago
The banking system in the United States is a dual banking system with both state and ___________ banks..
Setler [38]

Answer: Federal (national)

Explanation:

In the united state, the dual banking system is one of the type of banking system which include both the national and the state banks.

 In the dual banking system, the national banks are basically regulated or controlled by the federal law and regulation and then also supervised by the federal agency.

 The importance of this dual banking system is that it is necessary for maintaining the balance between the state and the national banks  and also providing the various types of benefits to the system.  

  Therefore, Federal or the national banks is the correct answer.

8 0
3 years ago
The interest portion of an installment note payment is computed by a.dividing the carrying amount (book value) of the note at th
horrorfan [7]

Answer:

b.multiplying the interest rate by the carrying amount (book value) of the note at the beginning of the period.

Explanation:

To solve for interest doing

principal x rate x time

being time and rate express inthe same metric. Which means, if the rate is annual we express time as complte year or portion of years.

If the rate is monthly we express time in months.

We will multiply the principal beginnign balance as that is the one which has been exposed to interest during the time period.

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3 years ago
A study examining differences in throwing performance (distance thrown) among children ages 5, 10, and 15 years and using data a
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