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shtirl [24]
3 years ago
11

Mauricio, a project manager at a reputed firm, has been assigned to handle a new project that the firm has received. This projec

t involves a lot of scheduling that has to be handled by Mauricio.
Mauricio estimates that the first module of the project could be completed in as few as 15 days or could take as many as 25 days, but most likely will require 20 days. Determine the expected task duration.​
A) 22.5
B) 17.5
C) 20
D) 25
Business
1 answer:
S_A_V [24]3 years ago
6 0

Answer:

The answer is 20 hours to complete the project.

Explanation:

Project evaluation and review technique is used to estimate the time it takes to execute a project. It makes use of 3 data points (worst estimate, most likely estimate, and best estimate) to make a final estimate.

Using the formula for project estimation below

P Estimate= {(Best estimate)+4(Most likely est)+(Worst estimate)}/6

P Estimate= to{(15+(4*20)+25)}/6

= (120)/6

= 20 hours

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Wilson Enterprises applies overhead based on direct labor cost. The company estimates that their overhead for the year will be $
Tcecarenko [31]

Answer:

Applied Overhead is higher than actual overhead. Hence, manufacturing overhead is $ 4,000

Explanation:

Given data:

estimated overhead = $2,40,000

Labor cost =$2,80,000

Direct labor cost = $3,00,000

Overhead\  rate = \frac{Estimated\  Overhead}{Estimated\ direct\ labor\ cost}

                        = \frac{2,40,000}{3,00,000}      

                         = $ 0.80 per direct labor cost      

Applied\ Overhead = Actual\  Labor\ cost\times Overhead\ rate      

                             = $ 2,80,000\times $ 0.80 Per direct labor cost  

                             =$ 2,24,000        

Actual Overhead cost = $ 2,20,000        

Applied Overhead is more than actual overhead. Hence, manufacturing overhead is $ 4,000.

6 0
4 years ago
Cost flow relationships The following information is available for the first year of operations of Creston Inc., a manufacturer
valina [46]

Answer:

a. Cost of goods sold = Sales - Gross profit

Cost of goods sold = $12,755,000 - $5,359,700

Cost of goods sold = $7,395,300

b. Direct Material Cost = Materials purchased - Indirect materials - Materials inventory

Direct Material Cost = $4,251,600 - $185,500 - $298,900

Direct Material Cost = $3,767,200

c. Direct labor cost = Total manufacturing costs for the period - Direct materials cost - Other factory overhead - Indirect labor

Direct labor cost = $8,122,000 - $3,767,200 - $834,900 - $422,600

Direct labor cost = $3,097,300

4 0
3 years ago
We have acquired new furniture for the office. The invoice for $6,000 offers two ways to pay: we can pay the entire amount by Se
Drupady [299]

Answer:

6.12%

Explanation:

Calculation for How does our decision depend on the interest rate at which we can invest our funds

Present value = 6000-3060

Present value = 2940

Future value = Present value+Present Value*Numver of month* Rate of interest/ 100

3000 = 2940+2940*4/12*R/100

60 = 2940*4/12*R/100

60*12/4 = 2940*R/100

180 = 2940*R/100

180/2940 = R/100

0.061224 = R/100

Rate = 6.1224

Therefore How does our decision depend on the interest rate at which we can invest our funds is 6.1224

5 0
3 years ago
If accounts receivable increase during the period,revenues on an accrual basis are less than revenues on a cash basis.expenses o
Phantasy [73]

If an employer's bills receivable stability will increase, more revenue has been earned with charge within the shape of credit score, so extra cash payments must be accrued in the future. then again, if a company's A/R balance declines, the bills billed to the clients that paid on credit score were acquired in cash.

Cash basis accounting records sales and prices when coins associated with one's transactions honestly are received or dispensed. Accrual accounting gives a more accurate view of a company's health along with money owed payable and accounts receivable.

The company's sales are increasingly paid with credit as the form of price instead of cash. lower in debts Receivable → The company has effectively retrieved coin payments for credit score purchases.

Learn more about receivable increases herehttps://brainly.com/question/24848903

#SPJ4

3 0
2 years ago
Punitive damages are: Group of answer choices money damages awarded to punish the defendant for gross and wanton negligence and
Evgen [1.6K]

Answer:

money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.

Explanation:

Punitive damages are money damages awarded to punish the defendant for gross and wanton negligence and to deter future wrongdoing.

In litigations, the amount of money awarded by a court of competent jurisdiction to punish a defendant for a crime committed or such wrongdoings (gross and wanton negligence) and by extension serves as a deterrence to others is known as a punitive damage.

3 0
3 years ago
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