Answer:
Classifications :
- Direct Costs
- Indirect Costs
- Product Costs
- Period Costs
- Variable Costs
- Fixed Costs
Reasons for classifying costs :
- Inventory valuation
- Profit Measurement
Explanation:
The first step in Cost Classification if to Identify the Cost object.The Cost object is the unit or entity for which determination of cost is required.
By observing the cost accumulating on the cost object we would identify two types of costs :
- Direct Cost - Costs that can be traced on the cost object
- Indirect Cost - Costs that can not be directly traced on the cost object
Another category used to classify costs is whether or not they will be included in product valuation.
- Product Cost - Attached to Product and included in valuation
- Period Cost - Not attached to product and thus not included in product valuation
Lastly the Costs Behaviors bring about different classifications as follows :
- Variable Costs
- Fixed Costs
- Semi-fixed Costs
- Semi - Variable Costs
Explanation:
The unanimous Declaration of the thirteen united States of America, When in the Course of human events, it becomes necessary for one people to dissolve the political bands which have connected them with another, and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature
Answer:
NPV = $28020.99
so he accept the this project as NPV value is positive
Explanation:
given data
CF 0 = $80000
CF 1 = $40000
CF 2 = $40000
CF 3 = $30000
CF 4 = $30000
discount rate r = 12%
solution
we get here Net present value (NPV) of the project that is total sum of the current value of all flow that is express as
NPV = 
...........................1
put here value and we get
NPV = 
solve it we get
NPV = - 80000 + 35714.29 + 31887.76 + 21353.41 + 19065.54
NPV = $28020.99
so he accept the this project as NPV value is positive
Answer:
$217,000
Explanation:
Begining Purchases Ending
Raw Materials $ 36,000 $ 69,000 $ 24.000
Work in Process $ 23,000 $ 17,000 $ 6.000
Finished Goods $ 37,000 $ 55,000 -$ 18.000
Direct Lab Costs $ 94,000 $ 94,000
Manuf Overhead $ 54,000 $ 54,000
Total
Raw Materials $ 81.000
Work in Process $ 6.000
Finished Goods -$ 18.000
Direct Labor Costs $ 94.000
Manufacturing Overhead $ 54.000
Costo of Goods Manufactured $ 217.000
Answer:
The BCWS is also known as Planned Value (PV).
So, in this way, <em>PV = 3.125.000</em>
Explanation:
With the data we can obtain the PV as follows:
First, let's calculate EV as EV = CV + AC.
EV = -500.000 + 4.000.000 = <em>3.500.000</em>
After this, we can calculate PV with this formula: SPI = EV/PV
PV = EV/SPI
PV = 3.500.000/1.12 = <em>3.125.000</em>
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<em>We can conclude, with these results, that the project actually is forward about the schedule but with an overcost about the budget. In other words, the project advance must be 41% but now is on 36% due to the negative variance on the costs (CV).</em>
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