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Kaylis [27]
3 years ago
15

A project to build a new bridge seems to be going very well since the project is well ahead of schedule and costs seem to be run

ning very low. A major milestone has been reached where the first two activities have been totally completed and the third activity is 65% complete. The planners were expecting to be only54% through the third activity at this time. The first activity involves prepping the site for the bridge. It was expected that this would cost $1,440,000 and it was done for only $1,320,000. The second activity was the pouring of concrete for the bridge. This was expected to cost $10,520,000 but was actually done for $9,020,000. The third and final activity is the actual construction of the bridge superstructure. This was expected to cost a total of $8,520,000. To date, they have spent $5,020,000 on the superstructure. Calculate the schedule variance, schedule performance index, and cost index for the project to date. How is the poject going?
Business
1 answer:
Phoenix [80]3 years ago
6 0
Sorry but I have no idea
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g Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold
OleMash [197]

Answer:

$518,700

Explanation:

For the computation of unadjusted cost of goods sold first we need to find out the total cost of Job F21X and cost per unit which is shown below:-

The Total cost of Job F21X = Beginning balance + Direct materials + Direct labor + Manufacturing overhead applied

= $45,150 + $363,300 + $161,700 + $207,900

= $778,050

Cost per unit = Total cost of Job F21X ÷ Number of units

= $778,050 ÷ 10,500

= $74.10

Cost of goods sold = Completed units from Job F21X × Cost per unit

= 7,000 × $74.10

= $518,700

7 0
3 years ago
On March 1, 2017, Crane Company acquired real estate, on which it planned to construct a small office building, by paying $75,50
Umnica [9.8K]

What is the question to be answered?

5 0
3 years ago
On January 1, Alan King decided to deposit $ 58,800 in a savings account that will provide funds four years later to send his so
Svet_ta [14]

The amount 'a' available after 'n' years of a sum 'p' saved now at a rate of interest 'r' is

 a= p(1+r)^n

For our case a = 58,800 (1+0.08)^4 = 58,800 x 1.36 = 79,997.

2.

The journal entry to be made on January 1 is

Date Account                                 Debit                                 Credit

Jan.1 Deposit  account               58,800  

 Cash                                                                                  58,800

 (To record deposit made in a savings account)    

3. Total interest for four years   = Amount available after <u>four years</u> - Initial deposit = $79,997 - $58,800 = $21,297

Interest is the financial charge for the privilege of borrowing money, usually expressed as an annual percentage rate (APR). Interest is the amount of money a lender or financial institution receives for lending out money.

An Interest rate tells you how high the cost of borrowing is, or excessive the rewards are for saving. So, if you're a borrower, the interest rate is the amount you're charged for borrowing money, shown as a percentage of the total amount of the loan.  

learn more about interest rates here brainly.com/question/25793394

#SPJ4

4 0
2 years ago
1. How does payroll withholding help a company's employees? (1-2 sentences. 2.0 points)
vodka [1.7K]

Answer:

Payroll withholding spreads out the cost of taxes throughout the year, so employees don't have to pay the entire amount they owe all at once on April 15. This helps make sure that people pay their taxes.

4 0
3 years ago
Stacey and Bruce want to begin saving for their baby's college education. They estimate that they will need $200,000 in eighteen
Gnoma [55]

Answer:

Future value (FV) = $200,000

Interest rate (r) = 6% = 0.06

Number of years (n) = 18 years

Annuity per period (A) = ?

FV = A<u>(1 + r)n+1 - (1 + r) </u>

                   r

$200,000 = A<u>(1 + 0.06)18+1 - (1 + 0.06)</u>

                                    0.06

$200,000 = A<u>(1.06)19 - (1.06) </u>

                             0.06

$200,000 = A(32.7599917)

A = <u>200,000 </u>

      32.7599917

A = $6,105

The correct answer is B

Explanation:

The formula to be applied is the formula for future value of annuity due. All the variables were given with the exception of annuity per period. Thus, annuity per period becomes the subject of the formula.

4 0
3 years ago
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