Answer:
b] small; standardized (commodity); little, if any
Explanation:
The options to this question wasn't provided. Here are the options:
a] large; standardized (commodity); no
b] small; standardized (commodity); little, if any
c] small; differentiated; no
d] large; differentiated; extensive
Answer:
Earned Value Management (EVM)
The Federal Government requires contractor firms to employ earned value management because it enables it to assess the work that has been completed against an established baseline plan in terms of technical, time, and cost performance.
Armed with this information, it is in a better position to make important project decisions and help to control over-spending.
Explanation:
Earned value management (EVM) as a integrated project management methodology details the project time schedule, costs, and scope to ensure correct measurement of project performance. Using planned and actual values, EVM enables future predictions, improving the ability of project managers to adjust according to requirements.
Answer:
$175,000
Explanation:
Based on the information given we were told that in a situation where Goebel Company tend to acquired an interest of 20 percent in Dobbs Company on December 31, 2014 for the amount of $175,000 in which we were told that the fair value method of accounting were used for the Investment which means that the amount of DEBIT TO EQUITY INVESTMENT (Dobbs) would have been $175,000 which was the amount that was used by Goebel Company to acquired an interest of 20 percent in Dobbs Company on December 31,2014.
Answer: $238,800
Explanation:
Adjusted Cost of Goods for November = Beginning Finished good inventory + Cost of goods manufactured - Ending Finished goods inventory - Overapplied Overheads
Overapplied Overhead = Overhead applied - Actual Overhead
= 60,400 - 56,800
= $3,600
Adjusted Cost of Goods for November = 58,000 + 215,000 - 30,600 - 3,600
= $238,800
Answer:
B) 5 percent decrease in quantity demanded.
Explanation:
The price elasticity of demand is defined as the ratio of the percentage change in quantity demanded to the percentage change in price.
Given:
Price elasticity of demand, e = 0.5
Change in price, p = 10%
e = change in quantity demanded, q/change in price, p
q = 0.5 × 10
= 5 %
Change in quantity demanded, q = 5%