1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nataliya [291]
3 years ago
7

Both the Army and Marine Corps have a capability need to procure additional helicopters beyond the number specified in the curre

nt contract; the helicopter program is currently in production. What cost estimating technique would the services most likely use as a basis for requesting the funding to pay for the additional aircraft?
Parametric
Analogy
Engineering
Actual Cost
Business
1 answer:
FinnZ [79.3K]3 years ago
4 0

Answer:

The cost which will determine or estimate the technique used as a basis for requesting the funding to pay for the extra aircraft is the actual cost.

Explanation:

Actual cost is the cost or the actual expenditure made for acquiring the asset and it involves the expense of supplier invoiced and in addition to the cost to set up, test the asset and deliver.

So, both the Marine and the Army corps need to procure the additional helicopters beyond the numbers specified in contract. The actual cost will be used as basis for the funding to pay.

You might be interested in
Describe what an insurance company does and sells without using the word insurance
Crank
If something goes wrong, the company will make sure you're not completely screwed.
8 0
3 years ago
Waterway Company acquired a plant asset at the beginning of Year 1. The asset has an estimated service life of 5 years. An emplo
Masja [62]

Answer:

$69,000

Explanation:

The double-declining method uses twice the rate of the straight-line depreciation method.  

In this case, we need to determine the depreciation rate under the straight-line method. The asset has a useful life of 5 years.

the depreciation rate = 1/5 x 100

=0.2 x 100

=20%

The Depreciation rate for the double-declining method is 40%. The straight-line method considers salvage value at the beginning, but double-declining depreciates until the salvage value.

In the first year under the double-declining method, the depreciation amount was $27,600.

It means 40% of the asset cost is $27,600.

The asset cost is 100%

40%=$27,600

100% = 27,600/40 x 100

=$690 x 100

=$69,000

Asset cost = $69,000

8 0
3 years ago
Closing costs are calculated based on _____. loan amount minus down payment down payment made selling price of the house selling
olga_2 [115]

Answer

Closing costs are calculated based on price of the house minus down payment

Explanation

Closing costs are either brought as cash to closing or financed into a loan.They are usually used when people buy or rent properties and the closing cost is the amount a person pays based on the down payment. To estimate the closing cost, you subtract the down payment from the purchase price of the home.

7 0
2 years ago
Joel and Mike would like to start a new business selling a product new to the U.S., the Peraves Monotracer. Joel and Mike have d
nadezda [96]

<u>Full question:</u>

Joel and Mike would like to start a new business selling a product new to the U.S., the Peraves Monotracer. Joel and Mike have done a considerable amount of research on this product, and think it would be successful in the U.S. However, they are still concerned about the risk of a new venture and both would like to avoid losing any personal assets. They should organize their firm as a

Multiple Choice

corporation.

limited partnership.

general partnership.

sole proprietorship.

<u>Answer:</u>

They should organize their firm as a   corporation.

<u>Explanation:</u>

A corporation is a kind of business process that represents the business as a separate, legitimate entity managed by a group of directors identified as the board of directors.

An essential component of a corporation is confined liability, which indicates that shareholders may practice share in the profits by dividends and stock recognition but are not individually responsible for the company's shares. A corporation's purposes can be for-profit or not, as with donations. Still, the huge preponderance of corporations intends to afford a return for its shareholders.

8 0
3 years ago
A product sells for $200 per unit and it’s variable costs are 65% of cells to fix cost of 420,000 what is the break even point i
11Alexandr11 [23.1K]
Fixed Costs:               420,000
Variable Costs:                 65%


Your BREAK-EVEN Point is: $1,200,000 USD or 600 Units @ $200 Each
5 0
3 years ago
Other questions:
  • Assignment: Capital Budgeting Decisions Your company is considering undertaking a project to expand an existing product line. Th
    6·1 answer
  • S Company reported net income for 2013 in the amount of $400,000. The company's financial statements also included the following
    11·1 answer
  • Which of the following statements regarding the center of gravity method is false
    6·1 answer
  • 3. Name two different market structures. Describe how and why they each have a different competitive situation.
    7·1 answer
  • Employees at Clearwater Plumbing Supply, Inc. asked the management to hold an election to determine which radio station would be
    6·2 answers
  • In preparation for developing its statement of cash flows for the year ended December 31, 2016, Millennium Solutions, Inc., coll
    7·1 answer
  • Corny and sweet grows and sells sweet corn at its roadside produce stand. the selling price per dozen is​ $3.75, variable costs
    11·1 answer
  • Explain id there is excess supply or demand of goods at the equilibrium price and why? In sentences
    15·1 answer
  • On March 1st, Mr. Smithe signed up for a fitness program at Fit Co. and paid $960 for the entire program upfront. The program in
    5·1 answer
  • Does a competitive firm’s price equal its marginal cost in the short run, in the long run, or both? explain.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!