The fundamental purpose of the starting phase of a project is _______

Reynolds Manufacturers Inc. has estimated total factory overhead costs of $95,000 and expected

Jobisdone [24]

Answer:

The correct answer is D

Explanation:

Computation of allocation of factory overhead cost for the Job NO 117:

Now, computing the rate of overhead allocation as:

Pre- determined rate of overhead allocation = Estimated aggregate overhead / estimated number of labor hours

where

Estimated aggregate overhead is $95,000

Estimated number of labor hours is 9,500 hours

Putting the values above:

= $95,000 / 9,500 hours

= $10 per hour.

Computing the overhead cost to be allocated to Job No 117 as:

Overhead cost to be allocated to Job No 117 = Number of direct labor hours × pre- determined rate of overhead

where

Number of direct labor hours is 2,300 hours

Pre- determined rate of overhead allocation is 10 per hour

Putting the values above:

= 2,300 hours × $10 per hour

= $23,000

8 0

3 years ago

The Maurer Company has a long-term debt ratio of .50 and a current ratio of 1.40. Current liabilities are $970, sales are $5,190

bekas [8.4K]

Answer:

$7,210.1065

Explanation:

The computation of net fixed assets is shown below:-

But before that we need to do the following calculations

Current Ratio = Current Assets ÷ Current Liabilities

Current Assets = 1.40 × $970

= $1,358

Profit Margin = Net Income ÷ Sales

= 9.30% = Net income ÷ $5,190

Net income = $5,190 × 9.30%

= $482.67

ROE = Net Income ÷ Shareholders Equity

16.90% = $482.67 ÷ Shareholders Equity

Shareholders Equity = $482.67 ÷ 16.90%

= $2,856.0355

Long-term debt ratio = Long term debt ÷ (Long term debt + Equity)

0.50 = Long term debt ÷ (Long term debt + $2,856.0355)

Long term debt = 0.50 × Long term debt + $2,856.0355

0.5 × Long term debt = $2,856.0355

Long term debt = $2,856.0355 ÷ 0.50

= $5,712.071

Total Assets = long term debt + Equity

= $5,712.071 + $2,856.0355

= $8,568.1065

Now

Total Assets = Current Assets + Fixed Assets

$8,568.1065 = $1,358 + fixed assets

So, the fixed asset is

= $8,568.1065 - $1,358

= $7,210.1065

7 0

3 years ago

Intellectual property protection, nondisclosure agreements, assignments of inventions and, covenants not to compete and license

Tresset [83]

Answer:

The correct answer is b. Technology development.

Explanation:

Technological development is defined as the systematic use of knowledge and research directed towards the production of materials, devices, systems or methods including the design, development, improvement of prototypes, processes, products, services or organizational models.

Starting from the fact that technological knowledge is essentially composed of technical information, know-how, inventions, guides, manuals, procedures, among other intangible elements, before which, intellectual property comes to play a decisive role in the protection and management of These elements of an intangible nature, and therefore, knowledge-generating institutions such as universities, increasingly resort to intellectual property to understand what kind of intangible intellectual property assets exist in their technology, how to manage them during the transfer process, and of course having the necessary control to be able to monetize them, that is, to obtain profit through their exploitation.

4 0

3 years ago

Why have nonalcoholic drinks increased in popularity, and what difficulties do bar managers face when serving alcohol

Verizon [17]

Answer:

People consumes less of alcohol and more of non alcoholic drinks.

Explanation:

Now-a days people consumes less of alcoholic drinks as non alcoholic beverages or drinks are becoming non popular day by day. People have become more health conscience and wants to remain fit. Now wonder alcohol causes a lot harm to the human health. People now are aware of the side effects of consuming alcohol.

In the recent years the life style of the people have change a lot and they they have become health conscious than before. The consumption of other non alcoholic drinks have become familiar and famous including green tea, fruit juices, goji juice and many more.

The bar managers also face difficulty in serving alcohol to people as people refuse to drink them. They are more health conscience and is aware of the fatal incidents about drunk driving. They prefer other non beverages in the bar. As a result the sale of alcohol has decreased a lot. There are also various awareness programs running against consumption of alcohol.Thus people do not drink alcohol any more and so it is difficult for the bar managers to offer alcohol to their customers.

4 0

3 years ago

The owner has been considering ways to increase the sales volume. The owner thinks that 10 comma 000 pizzas could be sold per mo

almond37 [142]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The owner thinks that 10,000 pizzas could be sold per month by cutting the selling price per pizza from $ 5.50 a pizza to $ 5.00.

Total revenues – Total costs = Monthly profit 5,000 pizzas 13750 – 8000 =

I will assume that at $5.50 the total sales in units are 5000. And that the variable cost per unit is $2.75 ($13750/5000) and fixed cost are $8000

Actual profit= (5000*5.5- 5000*2.75) - 8000= $5750

New price profit= (10000*5 - 10000*2.75) - 8000= $14500

7 0

3 years ago

The fundamental purpose of the starting phase of a project is​ ________.

The fundamental purpose of the starting phase of a project is ________.