In the context of project management, what are time, people, money, and supplies examples of?

A customer relationship management (CRM) system contains the names and phone numbers of customers. Such things stored in a CRM s

Lunna [17]

Answer:

Data

Explanation:

According to my research on customer relationship management, I can say that based on the information provided within the question things stored in a CRM system are part of the Data component. This is because it is data being stored in order for the system to be able to function correctly by accessing that data on command.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0

3 years ago

describe five ways in which contract management might adds value after the contract award stage of the sourcing process.

melamori03 [73]

Answer:

The five ways for contract management are:

1 - how buyer and supplier work after contract has been awarded.

2 - Key decisions made.

3 - Risk of misunderstanding and disagreement.

4 - Identify opportunities and improve performance.

5 - Performance evaluation against KPIs.

Explanation:

Contract management is essential for any business to succeed. There are five ways in which contract management will add value after contract award stage. Usually value addition is achieved by the response of buyer and seller towards the services after the contract has been awarded. There should be right individuals involved in decision making process. The performance should be evaluated against the KPI mentioned in the contract. If both supplier and buyer work with mutual understanding there is very less chance for disagreement and value will be added to the contract performance.

3 0

3 years ago

The Clyde Corporation's variable expenses are 25% of sales. Clyde Corporation is contemplating an advertising campaign that will

ddd [48]

Answer:

Effect on income= $40,275 increase

Explanation:

Giving the following information:

The Clyde Corporation's variable expenses are 25% of sales.

Increase in fixed costs= $18,900

Increase on income= $78,900

T<u>o calculate the effect on income, we need to use the following formula:</u>

Effect on income= increase in contribution margin - increase in fixed costs

Effect on income= (78,900*0.75) - 18,900

Effect on income= $40,275 increase

3 0

3 years ago

MCO Leather manufactures leather purses . Each purse requires 2 pounds of direct materials at a cost of $ 5 per pound and 0.7 di

zmey [24]

Answer:

MCO Leather Manufacturing Company

1. Direct Materials Budget

September October

Materials requirement 9,778 13,000

Ending inventory 3,900 3,780

Materials available 13,678 16,780

Beginning inventory 4,280 3,900

Purchases (pounds) 9,398 12,880

Cost of purchases $46,990 $64,400

2. Direct labor budgets for September and October:

September October

Units to be produced 4,889 6,500

Direct labor hours 3,422 4,550

Direct labor costs $41,064 $54,600

3. Factory Overhead Budgets for September and October:

September October

Units to be produced 4,889 6,500

Variable overhead $6,845 $9,100

Fixed overhead 13,000 13,000

Total overhead $19,845 $22,100

Explanation:

a) Data and Calculations:

Direct materials required per purse = 2 pounds

Cost of a pound of direct materials = $5

Direct materials cost per unit = $10 ($5 * 2)

Direct labor cost per unit = $8.40 (0.7 * $12)

Variable overhead = $2 per direct labor hour

Variable overhead per unit = $1.40 ($2 * 0.7)

Fixed manufacturing overhead per month = $13,000

Desired ending inventory of direct materials = 30% required the next month

August ending direct materials inventory = 4,280 pounds

Production Budget September October November

Units to be produced 4,889 6,500 6,300

Materials requirement 9,778 13,000 12,600

1. Direct Materials Budget

September October November

Materials requirement 9,778 13,000 12,600

Ending inventory 3,900 3,780

Materials available 13,678 16,780

Beginning inventory 4,280 3,900 3,780

Purchases (pounds) 9,398 12,880

Cost of purchases $46,990 $64,400

2. Direct labor budgets for September and October:

September October November

Units to be produced 4,889 6,500 6,300

Direct labor hours 3,422 4,550 4,410

Direct labor costs $41,064 $54,600 $52,920

3. Factory Overhead Budgets for September and October:

September October November

Units to be produced 4,889 6,500 6,300

Variable overhead $6,845 $9,100 $8,820

Fixed overhead 13,000 13,000 13,000

Total overhead $19,845 $22,100 $21,820

7 0

3 years ago

During 2021, its first year of operations, Pave Construction provides services on account of $160,000. By the end of 2021, cash

gavmur [86]

Answer:

uncollectible amounts 12,500 debit

allowance uncollectible amounts 12,500 credi

--to record allowance--

allowance uncollectible amounts 10,000 debit

accoutns receivables 10,000 credit

--to record write-off 2021--

Balance of the allowance accounts:

12,500 - 10,000 = 2,500

allowance uncollectible amounts 15,000 debit

accoutns receivables 15,000 credit

--to record write-off 2022--

Explanation:

sales 160,000

collection <u> 110,000</u>

AR 50,000

times 25% expected uncollectible amount: 12,500

The allowance method will not recognize additional uncollectible amount expense when doing a write-off it will only do it when the company does the adjusting entry considering their rates and agings of their accounts.

3 0

3 years ago