The answer would be Health and Government, I believe.
In your project, the earned value is greater than the planned value. This means the project is ahead of schedule and under budget.
<h3>What is project management?</h3>
It is the set of strategies and methods used by the project leader so that all stages of the project occur as planned, that is, techniques for achieving the project objectives, reducing negative risks and using the stipulated budget and schedule.
Therefore, it is essential that the project manager is monitoring all stages of the project, reducing unnecessary costs and integrating the team to increase productivity and meet the schedule.
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Answer:
Rent, expenses
Explanation:
A prepayment may be recorded in prepaid rent, a balance sheet account. The alternative method to record the prepayment is to debit the rent of expense account.
Answer:
Estimated indirect costs allocation rate= $14 per direct labor hour
Explanation:
Giving the following information:
Estimated direct labor hours= 23,000
Estimated indirect costs= $322,000.
To calculate the allocation rate, we need to use the following formula:
Estimated indirect costs allocation rate= total estimated indirect costs for the period/ total amount of allocation base
Estimated indirect costs allocation rate= 322,000/23,000
Estimated indirect costs allocation rate= $14 per direct labor hour
Answer:
$664,200
Explanation:
Computation of the given data are as follow:-
Material Overhead = (Machine purchase price ÷ Direct material per ton) × Cost of material handling
= (115,000 ÷ 20) × 80
= $460,000
Set up of Machine = Production overhead =No. of production run × cost of production run
= 8 × $4,000 = $32,000
Quality Control = 12 × $600 = $7,200
Utilities Cost = 11,000 × $15 = $165,000
Work In Process Inventory During April = Material Overhead + Production Overhead + Quality Control + Utilities Cost
= $460,000 + $32,000 + $7,200 + $165,000
=$664,200
