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inessss [21]
3 years ago
5

Activities A, B, and C are part of the same project. Activity A is worth $200, is 100% complete, and actually cost $200. Activit

y B is worth $75, is 90% complete, and actual cost $120 so far. Activity C is worth $200, is 75% complete, and has cost $175 so far. The total budget is $1,000. What is the Cost Variance (CV) for the project
Business
1 answer:
kobusy [5.1K]3 years ago
6 0

Answer:

Cost Variance (CV) for the project is negative $77.5

Explanation:

The total amount budget for all 3 activities = Activity A worth $200 + Activity B worth $75 + Activity C worth $200 = $475

The total value completed = activities cost x % complete = $200*100% + $75*90% + $200*75% = $417.5

The actual cost till now = $200 + $120 + $175 = $495

The cost variance = The total value completed - The actual cost till now = $417.5 - $495 = ($77.5)

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Which statement describes an hourly wage job? a. Each paycheck is the exact same regardless of number of hours worked. b. Each p
natita [175]

Answer:

The correct answer is c. If an employer wants the employee to work more hours in a week, the result is a larger paycheck.

Explanation:

The salaried worker gives his workforce to another person, who pays him a salary in exchange. It can be said that an employee is an employee of a company or entity, unlike independent or autonomous workers.

Being a salaried worker means having to respect a series of rules and face duties such as meeting the established schedules, respecting their peers and superiors, performing the tasks they have been assigned.

6 0
3 years ago
Read 2 more answers
13. A firm hires its labor in a perfectly competitive factor (or resource) market and sells its product in a perfectly competiti
marissa [1.9K]

Answer:

Attached below are the graphs

Explanation:

i) The Equilibrium wage rate in the market is determined by the Intersection of the labor demand and supply curve  as seen in the graph attached

ii) The Labor supply curve the firm faces is perfectly elastic in a perfectly competitive resource market

iii) The demand curve of the firm is perfectly elastic because in competitive market a slight change in price will cause a massive change in demand

iv) The firm will continue hiring as long as  MRP ≥ MFC

( MRP = marginal revenue product , MFC = marginal factor cost )

7 0
3 years ago
A bond has a coupon rate of 8% and matures in 10 years. What are its expected cash flows if this bonds have a principal amount o
Lesechka [4]

Answer:

$1080

Explanation:

Calculation to determine the expected cash flows

Since the bonds have a principal amount of the amount of $1000 first step is to calculate the Cash flow CO1

CO1=$1000(.08)/2

CO1=$80/2

CO1= $40

Second step is to calculate the Frequency of PMT

Frequency of PMT= 10 years x 2 (semi-anually)

Frequency of PMT= 20

Now let determine the Cash Flow CO10

Cash Flow CO10=1000+80

Cash Flow CO10=$1080

Therefore the expected cash flows is $1080

4 0
3 years ago
the manufacturer has put in place a price discrimination policy, where it charges its household customers more per unit than it
Scorpion4ik [409]

The manufacturer wants to keep the retailer from arbitraging away the profits from the policy. the manufacturer should vertically integrate into the retail operations in the household market . Thus , Option A is correct.

What is Price descrimation?

  • A selling tactic known as price discrimination involves charging clients various rates for the same good or service depending on what the vendor believes they can persuade the customer to accept.
  • When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price to each group.
  • When a seller discriminates on pricing, each consumer pays a different price for the same good or service.
  • The basis for price discrimination is the seller's conviction that specific groups of customers can be requested to pay more or less depending on their demographics or how much they value the goods or service in question.

To know more about Manufacturers visit:

brainly.com/question/1470138

#SPJ4

3 0
2 years ago
Ned is a head of household with a dependent son, Todd, who is a full-time student. This year Ned made the following expenditures
UNO [17]

Answer: D. $600 included in Ned's medical expenses

Explanation:

The amount that Ned can include in his itemized deductions will be the $600 that's included in Ned's medical expenses.

It should be noted that the medical expenses will be under the itemized deductions. On the other hand, the other options will be under the miscellaneous itemized deductions. Therefore, the correct option is D.

5 0
3 years ago
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