Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?

The sequencing of activities is often based upon dependencies between the activities. The dependencies that should guide activit

Varvara68 [4.7K]

Answer:

C

Explanation:

Mandatory or discretiinary

A mandatory dependency is one that must happen at a particular time. It is usually requirement of some kind based on contracts, laws, company procedures, physical limitations, etc. When the sequence of events is developed for various aspects of the process, mandatory dependencies are placed where they must happen.

A discretionary dependency is one that isn't based on a must, but on a should. These decisions are usually based upon best practices, business knowledge, preferences etc.When the sequence of events is developed they are placed where the team members would like them to occur

8 0

4 years ago

Ullrich Printing Inc. paid out $21,750 of common dividends during the year. It ended the year with $187,500 of retained earnings

raketka [301]

Answer:

The options are :

$77,000 $80,850 $84,893 $89,137 $93,594

The correct option is the first one ,$77,000

Explanation:

The net income can be ascertained using the ending retained earnings formula provided thus:

ending retained earnings=beginning retained earnings+net income-dividends

ending retained earnings is $187,500

beginning retained earnings is $132,250

dividends paid during the year was $21,750

By changing the subject of the formula,net income formula is derived:

net income=ending retained earnings-beginning retained earnings+dividends

net income=$187,500-$132,250+$21,750=$ 77,000.00

6 0

4 years ago

Exercise 8-5A Determining flexible budget variances LO 8-4 Benson Manufacturing Company established the following standard price

leva [86]

Answer:

A. $720 Unfavorable

B. $840 Unfavorable

C. $1,560 Unfavorable

D. $800 Favorable

E. $30 Unfavorable

F. $790 Unfavorable

Explanation:

The computation of given question is shown below:-

A. Sales = (Budget quantity - Actual quantity) × Budgeted sale price

= ($8.10 - $7.80) × 2,400

= $0.3 × 2,400

= $720 Unfavorable

B. Variable manufacturing = (Actual variable cost - Budgeted variable manufacturing cost) × Budgeted sale price

= ($4.25 - $3.90) × 2,400

= $0.35 × 2,400

= $840 Unfavorable

C. Contribution margin = ((Budgeted sales price - Budgeted variable manufacturing cost) - (Actual sale price - Actual variable cost)) × Budgeted sale price

= (($8.10 - $3.90) - ($7.80 - $4.25)) × 2,400

= $0.65 × 2,400

= $1,560 Unfavorable

D. Fixed manufacturing = Actual fixed manufacturing cost - Budgeted Fixed manufacturing cost

= $1,300 - $2,100

= $800 Favorable

E. Fixed selling and admin cost = Actual selling and administrative costs - Budgeted fixed selling and administrative cost

= $530 - $500

= $30 Unfavorable

F. Net income (loss) = Contribution margin - Fixed manufacturing + Fixed selling and admin cost

= $1,560 - $800 + $30

= $790 Unfavorable

8 0

3 years ago

Assume the risk-free rate is 3%. Calculate the stock's expected return, standard deviation, coefficient of variation, and Sharpe

Fed [463]

Answer and Explanation:

a) Expected Return = P1 * X1 + P2 * X2 + .... Pn * Xn

Expected Return = (0.1 * -40%) + (0.1 * -14%) + (0.3 * 14%) + (0.4 * 39%)+ (0.1 * 59%)

Expected Return = -4% - 1.4% + 4.2% + 15.6% + 5.90% = 20.30% --> Answer

b) Standard deviation is square root of probability weighted squared deviations of individual values from expected values.

Std deviation = 27.98%

c) Coefficient of Variayion = Standard deviation/Expected return = 27.98%/20.30% = 1.38

d) Sharpe' Ratio = (Expected return - Rsik free rate)/Std deviation = (20.3% - 3%)/27.98% = 0.62

8 0

4 years ago

On July 1 of the current calendar year, Plum Co. paid $8,900 cash for management services to be performed over a two-year period

Iteru [2.4K]

Answer:

A debit to an expense and a credit to a prepaid expense for $2,225

Explanation:

As plum company paid $8,900 for 2 years contract on July 1, the number of months expired at the end of the December 31 was 6 months (July to December).

When the company paid for that prepaid expense for 2 years (24 months), it recorded -

July 1 Prepaid expense (Debit) $8,900

Cash (Credit) $8,900

As the accounting period ended on December 31, the expense expired for six months

Therefore, 6 months expense = $8,900 ÷ (6 × 24)

6 months expense = $2,225

Whenever the advance expense expired, the expense becomes debit and the asset (Prepaid expanse) will become a credit.

Debit expense $2,225

credit prepaid expense $2,225

Therefore, option A is correct.

7 0

3 years ago