Answer:
Cost of ending inventory =$15,000
Explanation:
Given:
Direct material = 90,000
beginning Inventory = 20,000
Completed Inventory = 60,000
Ending Inventory = 10,000
Total cost of direct materials = $135,000
Computation:
Cost of ending inventory = Ending Inventory × Per Item cost
Cost of ending inventory = 10,000 × $1.50
Cost of ending inventory =$15,000
Working Note:
Cost per unit = Cost of direct materials / Units in direct materials
Cost per unit = $135,000 / 90,000
Cost per unit = $1.50
Answer: The criteria or standards they will use.
Explanation: Project Charter is a major component of project management system,the project charter Describes the roles and responsibilities of the team members,the task descriptions,the time lines,it is an important and reference for both present and future projects.
The project Charter also sets the project deliverables with each mile stone,the criteria and standards through which the project deliverables associated with each milestone will be judged.
Answer:
Cash account in the amount of $10,100
Explanation:
The journal entry to be recorded for the receipt of payment is as:
Cash A/c.............................................Dr $10,100
Note receivable A/c...................Cr $10,000
Interest Revenue A/c..................Cr $100
Being recoded the receipt of payment
As payment is received so asset is increasing and any increase in asset is debited. Therefore, cash account is debited. And the note receivable got decrease will be credited and the interest revenue is also credited.
Computation of interest revenue is as:
Interest revenue = Amount × % of note × Days / Number of days in a year
= $10,000 × 6% × 60 / 360
= $100
Note: Assume 360 days in a year
<span>The primary purpose of the requirements analysis phase is to determine and document the specific features and functions of the new system. It does not eliminate obviously nonsensible projects before forming a project development team. Identify the requisite skills needed or show personnel assigned to the project or investigates how much similar projects have cost in the past.</span>
The Sandwhich technique is a strategy used when giving constructive feedback.
