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Talja [164]
3 years ago
12

Suppose you are working as project manager of well-known company. A project has just begun under your supervision and the main o

bjective of this project is to launch an application that instructs how to play harmonium and the budget for this project is around fifty thousand. Many team members have tried giving their opinions/suggestions about this project at initial level. Since you are the leader and you have the authority to take every major and minor decision.
Keeping in mind software engineering code of ethics and principles, explain in detail how will you consider S/E principles in this scenario. (18)
Make sure that you apply these principles according to above stated scenario. No marks will be awarded for general explanation of principles.
Business
1 answer:
sesenic [268]3 years ago
6 0

Answer:

A project has just begun under your supervision and the main objective of this project is to launch an application that instructs how to play harmonium and the budget for this project is around fifty thousand. Many team members have tried giving their opinions/suggestions about this project at initial level. Since you are the leader and you have the authority to take every major and minor decision.

Keeping in mind software engineering code of ethics and principles, explain in detail how will you consider S/E

Explanation:

A project has just begun under your supervision and the main objective of this project is to launch an application that instructs how to play harmonium and the budget for this project is around fifty thousand. Many team members have tried giving their opinions/suggestions about this project at initial level. Since you are the leader and you have the authority to take every major and minor decision.

Keeping in mind software engineering code of ethics and principles, explain in detail how will you consider S/E

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Selected accounts with some amounts omitted are as follows: Work in Process Oct. 1 Balance 24,500 Oct. 31 Goods finished X 31 Di
german

Answer:

See below

Explanation:

Given the above, we will use the below to get the factory overhead

Ending finished goods = Opening balance + Direct materials + Direct labor + Factory overhead - Goods finished during the month

Fixing the values, we will have

= $14,600 + $91,700 + $186,600 + Factory overhead -

5 0
3 years ago
Sam's (single taxpayer) year 2 taxable income was $175,000 with a corresponding tax liability of $30,000. For year 3, Sam expect
Dahasolnce [82]

Answer:

$33,000

To avoid penalties, if a taxpayer owes $1,000 or more in tax payments beyond withholdings, such taxpayer will need to have paid in for taxes the lesser of:  90% of the current year's tax ($50,000 x 90%) = $45,000, or  100% of the previous year's tax ($30,000 x 100%) = $30,000  

However, if the taxpayer had adjusted gross income in excess of $150,000 in the prior year, 110% of the prior year's tax liability is used to compute the safe harbor for estimated payments. (Previous year's tax $30,000 x 110% = $33,000).

Explanation:

4 0
3 years ago
Muckenthaler Company sells product 2005WSC for $30 per unit. The cost of one unit of 2005WSC is $27, and the replacement cost is
valentina_108 [34]

Answer:

The product 2005WSC should be reported at $26 per unit.

Explanation:

The lower-of-cost-or-market (LCM) method is a method of recording the inventory of a company which requires that the inventory cost of the company must recorded at whichever is lower between the inventory's original cost or current market price.

Applying lower-of-cost-or-market, the amount per unit at whcih product 2005WSC should be reported can be determined as follows:

Net realizable value (NRV) = Selling price per unit - Cost of disposal per unit = $30 - $3 = $27

Replacement cost (RC) = $26

NRV - Profit Margin = $27 - ($30 * 40%) = $15

Cost per unit = $27

Note that the market is the middle value of Net realizable value (NRV), $27; Replacement cost (RC), $26; and "NRV - Profit Margin", $15. Since the Replacement cost (RC) of $26 is the middle value, that the market value.

Since the market value of $26 per unit is lower than Cost per unit of $27,  by applying lower-of-cost-or-market, the product 2005WSC should be reported at $26 per unit.

3 0
3 years ago
Rosewood Company made a loan of $12,200 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rat
Ymorist [56]

Answer:For Year 1 = $549 ,  For  year 2=$183

Explanation:

Interest  = Principal x Rate x Time ( Period)

For Year 1

Interest  = P x R x T

= $12,200 x 6% x 9 / 12  ( Period from April to December

= $549

For  year 2

 Interest   = P x R x T

= $12,200 x 6% x 3 / 12 ( Period from Jan of year 2 to April 1 st of year 2 since Ist year has been covered)

=$183

8 0
3 years ago
During January, Luxury Cruise Lines incurs employee salaries of $1.2 million. Withholdings in January are $91,800 for the employ
Zarrin [17]

Answer: Please see below for answer

Explanation:

Journal for employee salary and withholdings

Particulars                           Debit                  Credit

Salaries Expense               $1, 200,000

FICA tax Payable                                              $91,800

Federal Income Tax Withholding Payable      $180,000

State Income Tax Withholding Payable           $75,000

Health Insurance Payable                                  $12,000

Salaries Payable                                               $841,200

Journal to record employer provided fringe benefits for January

Particulars                                  Debit                                  Credit

Salaries expense(fringe benefits)$ 36,000

Accounts payable to blue cross shield                           $36,000

Journal to record employer payroll taxes

Particulars                           Debit                     Credit

Payroll Tax Expense              $166, 200

FICA tax Payable                                                       $91,800

unemployment tax payable                                        $74,400

6 0
3 years ago
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