Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
The creation of report with the report wizard differs from creating one with the report button because the report wizard allows the user to have more options and flexibility in the design.
<h3>What is a
report wizard?</h3>
This refers to the self-service reporting solution that enables users to create business reports quickly and efficiently.
However, the creation of report with the report wizard differs from creating one with the report button because the report wizard allows the user to have more options and flexibility in the design.
Read more about report wizard
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Answer:
Projects will be run by the functional organization and project managers expedite change control.
Explanation:
A project management office or PMO is a department within an organisation that is tasked with maintaining the standard of project management. They also make sure there is economies of repitition in project execution (ensure success of projects is replicated).
In the given scenario if project managers report to the head of a PMO it means that the project management team is independent of the functional organisation.
So the statement - Projects will be run by the functional organization and project managers expedite change control.
Is false.
Answer: ($24100)
Explanation:
The annual financial advantage (disadvantage) for the company goes thus:
The relevant cost to produce will be:
= ($4.10 × 19,000) + ($8.70 × 19,000) + ($9.20 × 19,000) + ($4.60 × 19,000) + $31,000
= $77900 + $165300 + $174800 + $87400 + $31000
= $536,400
The relevant costs to buy will be:
= 19,000 × $29.5
= $560,500
Since the relevant cost to buy is more than the relevant cost to produce, then the financial disadvantage will be:
= $560500 - $536,400
= $24,100
The answer is ($24,100)