Answer: $150,000
Explanation:
The total cost of estimating and preparing the bid would normally fall between 1% and 2% of the total price of the bid.
It would therefore be best to use an average rate of these:
= ( 1 + 2) / 2
= 1.5%
The estimate will therefore be:
= 1.5% * 10,000,000
= $150,000
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Two intermediate products, beet fiber, and beet juice emerge from the crushing process.
The beet juice can be sold as-is for $38 or processed further for $20 to make the end product refined sugar that is sold for $55.
<u>The firsts costs incurred are irrelevant to the decision-making process because they do not vary.</u>
<u></u>
Sell as-is:
Contribution margin= $38
Continue processing:
Contribution margin= 55 - 20= $35
It is more profitable to sell beet juice as-is.
Based on the implementation of quality-control measurements, <u>process</u> adjustments often result in updates to the quality baseline, organizational process assets, and the project management plan.
Quality control is a method by using which entities evaluate the pleasantness of all elements worried in production. ISO 9000 defines nice management as "part of great control focused on fulfilling best requirements".
Assignment control is the manner of leading the paintings of a group to acquire all assignment dreams within the given constraints. This fact is normally described in project documentation, created at the start of the development technique. The number one constraints are scope, time, and price range.
The satisfactory baseline is the exceptional objective of the mission. it's what you'll use to measure and file best against as you carry out the closing excellent tactics. You need to apprehend the definition of the fine baseline for the examination. consider it or now not, you have got formally completed the making plans system institution.
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According to which concept, all expenses incurred to earn revenue of a particular period should be charged against that revenue to determine the net income
Answer : Matching Concepts