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3 years ago

Which of the following steps is NOT a basic step followed by PERT and CPM?

Business

1 answer:

vodomira [7]3 years ago

5 0

Answer:

Explanation:

PERT and CPM are network planning techniques.

PERT means Program Evaluation and Review Technique.

CPM means Critical Path Method.

The six steps more common to PERT and CPM are:

-Define the project and identify each activity.

-Develop relationships among the activities.

-Draw the network connecting all of the activities.

-Adding time and/or cost estimates to each activity.

-Compute the longest time path through the network. This is called the critical path.

-Use the network to help plan, schedule, monitor and control the project.

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if a trial balance totals do not agree, the difference must be entered in a. nominal account b. the profit and loss account C. t

Lena [83]

Answer:

d. the suspense account

Explanation:

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

In Financial accounting, if a trial balance totals do not agree, the difference must be entered in the suspense account

8 0

2 years ago

A company reports the following beginning inventory and purchases for the month of January. On January 26, the company sells 350

nydimaria [60]

Answer:

The costs assigned to ending inventory based on the LIFO method under periodic inventory system are:

= $450.

Explanation:

a) Data and Calculations:

On January 26, the company sells 350 units. 150 units remain in ending inventory at January 31.

Units Unit Cost Total Cost

Beginning inventory on January 1 320 $ 3.00 $960

Purchase on January 9 80 3.20 256

Purchase on January 25 100 3.34 334

Tota units available for sale 500 $1,550

Sales on January 26 350 $1,100

Ending inventory at January 31 150 $3.00 $450

8 0

3 years ago

The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3

Anvisha [2.4K]

Answer:

(A) 18,600 units

(B) 13,821 units

Explanation:

(A) The computation of the equivalent unit for material cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 100%)

= 10,500 units + 8,100 units

= 18,600 units

(B) The computation of the equivalent unit for conversion cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 41%)

= 10,500 units + 3,321 units

= 13,821 units

6 0

2 years ago

Flounder Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of

ipn [44]

Answer:

Journal Entries

Dr. Cash ___________________$104,000

Cr. Common Stock ___________$5,000

Cr. Preferred stock ___________$10,000

Cr. Paid in capital Common Stock $78,200

Cr. Paid in capital Preferred stock $10,800

Dr. Cash ___________________$104,000

Cr. Common Stock ___________$5,000

Cr. Preferred stock ___________$10,000

Cr. Paid in capital Common Stock $84,000

Cr. Paid in capital Preferred stock $5,000

Explanation:

First, we need to calculate the fair value of each type of shares using the following formula

Fair value = Numbers of shares x Fair value per share

Fair Value of Common Share = 500 shares x $164 per share = $82,000

Fair value of preferred share = 100 shares x $205 per share = $20,500

Total value of shares = $82,000 + $20,500 = $102,500

Now allocate the Value of $104,000 bases on the fair value

Allocation to

Common stock = $104,000 x $82,000 / $102,500 = $83,200

Preferred stock = $104,000 x $20,500 / $102,500 = $20,800

Now calculate the par values

Par Values

Common stock = 500 shares x $10 = $5,000

Preferred stock = 100 shares x $100 = $10,000

Now calculate the additional paid-in capital

Additional paid-in capital

Common stock = $83,200 - $5,000 = $78,200

Preferred stock = $20,800 - $10,000 = $10,800

Value of common stock = $178 per share x 500 shares = $89,000

Additional paid in capital

Common stock = $89,000 - $5,000 = $84,000

Preferred stock = $104,000 - $89,000 - $10,000 = $10,000

6 0

2 years ago

During Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its o

SCORPION-xisa [38]

Answer:

B) Total assets increased by $200.

Explanation:

If during Year 2, Chico Company earned $1,950 of cash revenue, paid $1,600 of cash expenses, and paid a $150 cash dividend to its owners. Based on this information alone:

Then it is correct that there was a net income of $350 before the payment of dividend which is gotten by 1,950 - 1,600. Cash from operating activities will also be the same amount of $350.

However it will not be correct to state that assets increased by $200 as there is no such indication.

6 0

3 years ago

Which of the following steps is NOT a basic step followed by PERT and​ CPM?

Which of the following steps is NOT a basic step followed by PERT and CPM?