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Anna [14]
3 years ago
11

Some of the advantages of a functional project where the project is housed in a functional division include which of the followi

ng?
a.Team pride, motivation, and commitment are high
b.A team member can work on several projects
c.The project manager has full authority over the project
d.Needs of the client are secondary
e.None of thes
Business
1 answer:
Ganezh [65]3 years ago
5 0

Answer:

The correct answer is b. A team member can work on several projects.

Explanation:

Generally, there is a group of personnel who carry out repetitive tasks and can take over their functions without jeopardizing an improvement that is attempted. For this reason, the person in charge of the project can carry out several implementations without jeopardizing the normal development of the tasks, which allows covering broadly several areas and introducing best practices almost at the same time.

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An airport needs a modern material handling system for facilitating access to and from a busy maintenance hangar. A​ second-hand
Arlecino [84]

Answer:

The second hand machine should be chosen given that the NPV value is lower than that of the new system

Explanation:

cost of second hand system = $75,000

cost of  new system = $150,000

New system can decrease labor hours by 20%

number of useful life ( for both systems ) = 5 years

market value of second hand system after 5 years = $20,000

market value of new system after 5 years = $50,000

Second hand system can operate for 8 hours/day for 20 days = 8*20 = 160 hours per month = 1920 hours per year

labor cost = $40 per hour

MARR = 1% per month

<u> Determine the system that should be recommended</u>

we have to calculate the NPV for both options

for Option 1 ( second hand system )

labor cost = 40 * 1920 = $76800

cost of purchase = $75,000

MARR = 12% p.a.

residual value = $20000

First step : calculate the PV of maintenance cost = $76800× PVAF(12%, 5 years) = $276864

Next : calculate the PV of residual value =$20000× PVF(12%, 5th year)

= $11340

NPV = (75000 + 276864 - 11340 ) = $340,524

for Option 2 ( New Machine )

Labor cost = ( 1920 × 0.8 )hours ×40  = $61440

cost of machine = $150000

Pv of labor cost = 61440×3.605  = $221491.20

Residual value = $50,000

Hence ; PV of residual value = 50000 × 0.567 = $28350

Finally calculate the NPV = (150000+221491.20-28350) = $343,141.20

7 0
3 years ago
Equinox Products Inc. Income Statement For the Year Ended December 31, 20Y8
Umnica [9.8K]

Answer and Explanation:

The preparation of the income statement is presented below:

                                     Equinox Products Inc.

                                        Income Statement

                     For the Year Ended December 31, 20Y8

Sales                                                                                    $5,313,000

Less: Cost of goods sold                                                   -3,700,000

Gross profit                                                                       $1,613,000

Less:

Operating expenses:

Selling expenses:

Sales salaries expense          $385,000

Sales commissions                 $185,000

Advertising expense               $150,000

Depreciation expense-

store buildings and equipment $100,000

Delivery expense $30,000

Store supplies expense $21,000

Miscellaneous selling expense $14,000

Total  -$885,000

Less:

Administrative expenses:

Office salaries expense $170,000

Office rent expense $50,000

Depreciation expense - office buildings and equipment $30,000

Office supplies expense $10,000

Miscellaneous administrative expense $7,500

Total $267,500

Total operating expenses                                                        $-1,152,500

Operating income                                                                       $460,500

Other revenue and expense:

Interest revenue $30,000

Less: Interest expense -$21,000

Income before income tax                                                           $469,500

Less: Income tax                                                                           -$140,500

Net income                                                                                      $329,000

We simply deduct the all expenses and add all revenues so that the net income could come

5 0
2 years ago
Elise is beginning to learn how to write. she can hold a pencil in one hand and steady the paper with her other hand. this new a
Mars2501 [29]
The answer to the question above is "the growth of her corpus callosum" which is the reason of Elise's ability to learn which is shown in the question above. The corpus callosum is the part of the brain which related to the intellectual ability of a human. Elise's ability to learn is related to her intellectual ability, thus, the growth of her corpus callosum is the best answer.
7 0
3 years ago
Titon Sports, which produces footballs, has two departments: cutting and stitching. Footballs that have undergone the cutting pr
zhenek [66]

Answer:

We find the equivalent units for both Weighted Average Method and FIFO separately for cost  calculations . These are given along as required.

Explanation:

Titon Sports

Equivalent Units

Weighted Average Method

Particulars         Units       % of Completion              Equivalent Units

                                      Materials --Conversion    Materials --Conversion

Completed and

Transferred     52,000    100%         100%               52,000     52,000

Ending work

<u>in process      21,500        0%           20%                Zero         4300        </u>

<u>Equivalent Units                                                   52,000       56,300   </u>

Particulars         Units       % of Completion              Equivalent Units

                                            Transferred In                  Transferred In

Completed and

Transferred     52,000               100%                              52,000    

Ending work

<u>in process      21,500                  100%                           21,500</u>

<u>Equivalent Units                                                             73500</u>

<u>Particulars </u>             Transferred In     Materials     Conversion    Total

                                         Costs

Beginning WIP           $ 45,360           $0                  $17,660

<u>Total costs added     $154,560         $28,080           $89,310</u>

<u>Total Costs              199920            $28,080           106970    </u> <u>$334970</u>

b. Conversion cost per equivalent unit during March

                  Total Conversion Costs/ Total Equivalent Units Conversion

               =   106970/56,300 = $1.9 per Equivalent Unit

Materials cost per equivalent unit during March

 Total Materials Costs/ Total Equivalent Units Materials

               =   28080/52000 = $ 0.54 per Equivalent Unit

Transferred In cost per equivalent unit during March

Total Transferred In Costs / Total Transferred In Units

                 = 199920 / 73500 = 2.72

C. Cost Assigned To Transferred Out Goods $ 268,320

Materials = 52,000*0.54= $ 28080

Conversion = 52,000* 1.9=  98800

Transferred in Units = 2.72 * 52000= 141440

Cost Assigned To Ending Work In Process $66650

Conversion = 4300* 1.9=  8170

Transferred in Units = 2.72 * 21500= 58,480

C. Total Costs Assigned = Transferred Out + Ending = <u>$334970</u>

d.  Conversion cost assigned to the ending work in process: $8170

Conversion = 4300* 1.9=  8170

<em>We see the difference between the weighted average and FIFO method is that the FIFO method only accounts for the current period costs not the total the costs.Where as the weighted method includes all the costs from preceeding department and also current costs.</em>

e.Titon Sports

Equivalent Units

FIFO Method

Particulars         Units       % of Completion              Equivalent Units

                                      Materials --Conversion    Materials --Conversion

Completed and

Transferred     52,000    100%         100%               52,000     52,000

Ending work

in process      21,500        0%           20%                Zero         4300  

Less

<u>Beg. WIP       17500        0%            60%              Zero           10500</u>

<u>Equivalent Units                                                   52,000       45,800 </u>

Particulars         Units       % of Completion              Equivalent Units

                                            Transferred In                  Transferred In

Completed and

Transferred     52,000               100%                              52,000    

Ending work

in process      21,500                  100%                           21,500

Less

<u>Beg. WIP       17500                  100%                             17500 </u>

<u>Equivalent Units                                                             56000</u>

<u>f. </u>Materials cost per equivalent unit during March (FIFO)

 Total Materials Costs/ Total Equivalent Units Materials

               =   28080/52000 = $ 0.54 per Equivalent Unit

g. Cost Assigned To WORK In Process (FIFO)  $ 8385

Conversion cost per equivalent unit during March

                  Total Conversion Costs/ Total Equivalent Units Conversion

               =  89310/ 45,800 = $1.95 per Equivalent Unit

Conversion = 4300* 1.95=  $ 8385

h. Cost Assigned To Transferred Out Goods $ 273,000

Materials = 52,000*0.54= $ 28080

Conversion = 52,000* 1.95=  101,400

Transferred In cost per equivalent unit during March

Total Transferred In Costs / Total Transferred In Units

= 154560 / 56,000 = 2.76

Transferred in Units Costs = 2.76 * 52000= 143520

8 0
3 years ago
Terps Company reports the following amounts: Book Value Fair Value Assets $ 400,000 $ 500,000 Liabilities 45,000 45,000 Net inco
jekas [21]

Answer:

$180,000

Explanation:

Goodwill = Purchase Price - Net Assets Taken over at Fair Value

where,

Purchase Price = $635,000

Net Assets Taken over at Fair Value = $ 500,000 - $45,000 = $455,000

therefore,

Goodwill = $635,000 - $455,000 = $180,000

5 0
3 years ago
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