Answer:
Prime costs= $480,000
Explanation:
Giving the following information:
Grin produced 4,000 cameras with the following costs:
Direct materials $400,000
Direct labor 80,000
Manufacturing overhead 320,000
To calculate the prime costs we need to use the following formula:
Prime costs= direct material + direct labor
Prime costs= 400,000 + 80,000= $480,000
Based on the scenario, it is likely that Joe has made a non-programmed
decision in a way of implementing a programmed decision.
A programmed decision is a way of deciding that is easy in
regards of the individual to decide in a certain decision where as a
non-programmed decision is a way of using logic in which there is high risk
level involved in a decision.
Answer:
$1829000.
Explanation:
Given: Cash sales, $540,000.
Credit sales, $1,440,000.
Sales returns and allowances, $99,000.
Sales discounts, $52,000
Now, computing net sales of Newark.
Net sales= 
Net sales= 
⇒ Net sales= 
∴ Net sales= 
Hence, Newark´s net sales is $1829000.
The Roll up project budget method is used to cover cost changes for a project,
The roll up budget method is used to measure and identify the money inflow and outflow of the particular project. The roll-up budget is a technique that uses expertise to determine cost and productivity throughout the full life-cycle of projects.
The roll up budget method is also called continuous budgets. Based on the project, it is updated monthly or quarterly or annually. These budgets enlarge incrementally as time passes,
Rolling up the budget helps to achieve flexibility in their planning process plus decision-making,
This impact on changing market conditions, business disruptions, and unforeseen opportunities with greater liveliness.
Perform more effective performance management by re-aligning, spending and resource allocation at regular intervals to compete in the business environment and improve viable benefits.
To learn more about Project Budgeting
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