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levacccp [35]
2 years ago
12

In the _____________ stage of a project you are more likely to find status reports, changes, and the creation of forecasts.

Business
1 answer:
anastassius [24]2 years ago
3 0

Answer:

Executing

Explanation:

The project life cycle shows the cycle from introduction to maturity or decline of the products. It shows the overall journey of the product

In order to determine the status regarding the reports, any changes made and the development of the forecast this would be shown in the stage of execution

So as per the given situation, the executing stage should be considered

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Dawson Toys, Ltd., produces a toy called the Maze. The company has recently established a standard cost system to help control c
svlad2 [7]

Answer:

1. a. The materials price and quantity variances

Material price variance: Standard cost per micron is $1.50 and actual cost per micron is $1.48. So, price variance is 1.48 - 1.5 = $(0.02) per micron

Quantity variance: Based on standard bill of material, Dawson Toys need 3,000 x 6 = 18,000 microns to produce 3,000 Maze toys. Actual consumption volume is 25,000 - 5,000 = 20,000 microns. So, quantity variance is 20,000 - 18,000 = 2,000 microns.

1. b. The labor rate and efficiency variances

Actual labor rate  = Actual labor cost / Actual hour = 88,000/4,000 = $22 per hour.

Efficiency variance = Actual labor rate - Standard labor rate = 22 - 21 = $1 per hour.

2. Prepare a brief explanation of the possible causes of each variance.

Direct material cost variance: Total actual material cost is 20,000 x 1.48 = $29,600, higher than standard material cost of 18,000 x 1.5 = $27,000. This is mainly due to higher production waste as compared to standards.

Direct labor cost variance: Total actual labor cost is $88,000, higher than standard labor cost of 4,000 x 21 = $84,000. This is mainly due to lower labor rate per hour than expected.

Explanation:

5 0
2 years ago
What is the purpose of the sherman antitrust act
tamaranim1 [39]
To destory monopolies that were using their power to harm society.
7 0
3 years ago
Read 2 more answers
Why do you think that we should study crime and criminals? What information might we gain by doing so?
Paraphin [41]

We may understand criminal behavior and thus be able to prevent crime.

4 0
3 years ago
you have $6000 to invest in two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual intere
stira [4]

Answer:

Amount of money invested is $2,000 and $4,000

Explanation:

In this question, we are asked to calculate how much was invested in two different accounts given the amount of money invested in both accounts.

Let the amount of money invested in both accounts be a and b respectively.

Mathematically;

A + B = 6000 ......I

Now we use the formula for simple interest to check the amount that is supposed to be made on Both accounts if he end of a year.

Formula for simple interest is I = PRT/100

Let’s apply this to what is on ground:

5*1* a/100 = 5a/100

Second is

9*b*1/100 = 9b/100

That is 5a + 9b = 38,000. ........ii

Solving Both simultaneously as follows:

Let A = 6000-b from 1

Substitute this into 2

5(6000-b) + 9b = 38,000

30,000 -5b + 9b = 38,000

4b = 8,000

b =$2000

This means a would be 6000 - 2,000 = $4000

8 0
3 years ago
The separate condensed balance sheets of Patrick Corporation and its wholly owned subsidiary, Sean Corporation, are as follows:
Simora [160]

Answer:

Patrick Corporation Group

a. The amount of total assets is:

=  $1,544,000.

b. The amount of total stockholders' equity that should be reported is:

= $1,136,000.

Explanation:

a) Data and Calculations:

BALANCE SHEETS December 31, 2017

                                              Patrick        Sean          Consolidated

Cash                                    $70,000     $70,000           $140,000

Accounts receivable (net)   146,000       38,000             184,000

Inventories                           100,000      46,000             168,000

Plant and equipment (net) 622,000    262,000            884,000

Investment in Sean             470,000           -                       -

Goodwill                                                                           168,000

Total assets                     $1,414,000 $424,000        $1,544,000

Accounts payable                176,000     90,000            266,000

Long-term debt                   102,000     40,000            142,000

Common stock ($10 par)   340,000      64,000           340,000

Additional paid-in capital                        14,000

Retained earnings            796,000     216,000          796,000

Total liabilities and

 shareholders' equity  $1,414,000  $424,000      $1,544,000

b) Total stockholders' equity after consolidation is calculated as:

Common stock ($10 par)   340,000

Retained earnings             796,000

Total equity =                 $1,136,000

5 0
3 years ago
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