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3 years ago

11

Most companies with well-developed project management systems insist that a project must pass an approval of some kind to move f

rom one life cycle stage to the next.A. True
B. False

1 answer:

Romashka [77]3 years ago

8 0

Answer:

it is A. True

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Smooth Move Company manufactures professional paperweights and has been approached by a new customer with an offer to purchase 1

tigry1 [53]

Answer:

-$7,500

Explanation:

To determine whether Smooth Move Company to produce 15,000 units for the special order, we consider the relevant cost only, that is the cost of the direct material, the cost of direct labor, the variable overhead and also the incremental costs of the machine along with the cost of the additional direct material cost, if any.

Calculating the incremental revenue from the special order as follows :

Particulars Cost per unit(a) Number of units(b) Total cost(axb)

Direct material 3.10 15,000 46,500

Direct labor 2.25 15,000 33,750

Cost of labelling machine 0.80 15,000 12,000

(12,000/15000)

Variable overhead 1.15 15,000 17,250

Additional direct materials 0.20 15,000 3,000

Incremental cost 7.50 15,000 112,500

Incremental revenue 7.00 15,000 105,000

Decrease in profit -7,500

The incremental cost is more than the incremental revenue which results in the decrease of the profit with an amount of $7,500.

The order will not be accepted as there is a decrease in the profit for the company.

6 0

3 years ago

The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n):

schepotkina [342]

Answer:

Opportunity costs

Explanation:

The potential benefits lost by taking a specific action when two or more alternative choices are available is known as opportunity costs.

Opportunity cost has to do with losing other alternatives by chosing to go with one alternative. Hence it is also called foregone alternative. It has to do with making a decision or choice to give up something in order to get something else which may be of more value.

4 0

3 years ago

An amendment to the texas constitution requires a balanced budget. This means that _____.

marissa [1.9K]

Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

<h3>What does Texas Constitution require a balanced budget?</h3>

Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.
A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.

An amendment to the texas constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.

According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.

To learn more about balanced constitutional budget amendment, refer to:

brainly.com/question/8873582

#SPJ9

4 0

2 years ago

Suppose that the spot price of the US dollar is 1 ($/Canadian dollar) and the one-year forward rate is 1.2 ($/Canadian dollar),

natima [27]

Answer:

6 percent.

Explanation:

To solve this question, we will take help of the Fisher equation,

Therefore,

(Spot rate/Forward rate) = (interest rate in US/Interest rate in Canada),

(1/1.2) = (0.05/x), Now solving for 'x'.

There fore,

x = (1.2 * 0.05) / 1

x = 0.06.

Hope this clear things up

Thankyou.

7 0

3 years ago

Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details: Salaries

natulia [17]

Answer:

1. March 31

Dr Salary and Wage Expense $200,000

Cr Liability for Income Tax withheld $40,000

Cr FICA Taxes $15,000

Liability for insurance premiums withheld-employees $1,000

Cr Cash $144,000

2. Dr Payroll Tax Expense $15,000

Cr FICA payable $15,000

3. March

Dr Liability for income tax withheld $40,000

Dr Liability for insurance premium $1,000

Dr FICA taxes payable - Employees $15,000

Dr FICA taxes payable - Employers $15,000

Cr Cash $71,000

Explanation:

1. Preparation of the journal entry to record the payroll for March

March 31

Dr Salary and Wage Expense $200,000

Cr Liability for Income Tax withheld $40,000

Cr FICA Taxes $15,000

Liability for insurance premiums withheld-employees $1,000

Cr Cash ($200,000-$56,000)$144,000

(To record wages to employees)

2. Preparation of the journal entry to record the employer's payroll taxes

March 31

Dr Payroll Tax Expense $15,000

Cr FICA payable $15,000

(Employer Payroll taxes on February payroll)

3. Preparation of the journal entry to show the payment of all amounts owed to governmental agencies

March

Dr Liability for income tax withheld $40,000

Dr Liability for insurance premium $1,000

Dr FICA taxes payable - Employees $15,000

Dr FICA taxes payable - Employers $15,000

Cr Cash $71,000

($40,000+$1,000+$15,000+$15,000)

(Remittance of payroll taxes and deduction for February payroll)

8 0

3 years ago