Answer:
Difference: 20,170
<u>The actual total Cost of good sold </u>is 20,170 dollars higher than budgeted COGS
<u>At unit level,</u> is 3.69 higher.
Explanation:
<u></u>
<u>Budget COGS</u>
12.43 + 8.46 + 14.29 = 35.18
Budgeted sales units x COGS
16,000 x 35.18 = 562,880
<u>Actual COGS</u>
16.12 + 8.46 + 14.29 = 38.87
Actual sales x COGS per unit
15,000 x 38.87 = 583,050
Units difference: 38.87 - 35.18 = 3.69
Total Difference: 583,050 - 562,880 = 20,170
Answer:
The answer is D. Acquisitions are sometimes involuntary or even hostile
Explanation:
Out of all the options, the correct one is D. Acquisitions are sometimes involuntary or even hostile.
Hostile acquisition is the type of acquisition when the board of directors of the target company is against takeover of the company while involuntary or voluntary acquisition is the type of acquisition that the board of directors of the target company duly approves the takeover.
Answer:
The correct answer is (Extremely high levels of liquidity guard against liquidity crises, but at the cost of lower returns on assets).
Explanation:
Reserve requirement, especially for the banks, is designed for the sole purpose of protecting them from falling towards bankruptcy. Although, there are certain drawbacks of high reserve requirement or extremely high levels of liquidity; it can bound a firm or organisation to invest in small ventures and at lower returns on investment because such companies invest in low-risk assets.
Answer:
Dr Lease receivable $76,441
Dr Cost of goods sold $42,178
Cr Sales revenue $73,619
Cr Equipment $45,000
Explanation:
Preparation of Journal entry
Based on the information given we were told that leased equipment cost the amount of $45,000 in which the lease agreement as well has a 6 annual payments of the amount of $15,000 while the present value of the lease agreement is the amount of $73,619 and the present value of the residual value is the amount of $2,822 which means that the Journal entry at beginning of the lease will be recorded as:
Dr Lease receivable $76,441
($73,619+$2,822)
Dr Cost of goods sold $42,178
($45,000-$2,822)
Cr Sales revenue $73,619
Cr Equipment $45,000
Answer:
The correct answer is (d) when you have a small, experienced team assigned to work on the project
.
Explanation:
Agile project management is a project management methodology that is defined by its signature iterative and incremental approach to achieving requirements throughout the project life cycle. Its particularly suited for small dynamic projects and relies heavily on teamwork.
Traditional project management is a project methodology that emphasizes on a sequential predetermined approach to the project life cycle. The procedures to be followed throughout every phase of the project's life is already laid out. Changes to the laid down plan are not anticipated.This project management style is preferred for larger projects.
In conclusion,when you have a small, experienced team assigned to work on the project then you should utilize the agile project management style. Since the team is small, they are more suited to handle a smaller or medium project and will have to rely more on their teamwork to ensure project success. A traditional project management approach would require a bigger team whose experience wouldn't add any substantial edge since the project plan is already laid out. Additionally, a traditional project management approach is inherently personnel intensive, whereas the available personnel is smaller.
