Each of the following items would drive the need for layout planning except _____

Difference between undergraduate and graduate degrees

icang [17]

Undergraduate refers to someone who is going for their Bachelor's Degree or one who doesn't have an equivalence to a Bachelor's Degree. (Ex. non-degree holder or an Associates Degree would be considered undergraduates)

<span>Graduate refers to someone who is going for a degree that is beyond a Bachelor's Degree. (Ex. Master's Degree or PhD.) </span>

4 0

2 years ago

Compared to a corporation, a partnership is more difficult and expensive to establish.

barxatty [35]

The answer should be False.

3 0

2 years ago

Kevin, who has liability limits of $20,000/$40,000/$20,000 and a $500 collision deductible, is involved in an accident. Due to h

harina [27]

Answer:

Amount to pay by PAP = $39,600

Explanation:

The liability limits of $20,000/$40,000/$20,000 implies that the highest amount PAP will pay for driver's injuries is $20,000, while the highest to pay for the first of two passenger is $40,000 and $20,000 for second passenger.

Since the a passenger received injuries worth $12,500, and another passenger received injuries of $7,100, the PAP will the actual amount and $20,000 for the driver's injuries. The total can therefore be calculated as follows:

Amount to pay by PAP = $20,000 + $12,500 + $7,100 = $39,600

4 0

3 years ago

You are thinking of purchasing a house. The house costs $350,000. You have $50,000 in cash that you can use as a down payment on

jeyben [28]

Answer:

$63,852

Explanation:

The computation is shown below:

a) PV of payments is

= $23,500 × (1.07^30 - 1) ÷ (0.07 × 1.07^30)

= $2,91,612

b) The Loan PV of payments is $3,00,000

c) And, the Balloon payment required is

= (Borrowed amount - loan PV payments) × (1 + rate of interest)^number of years

= ($300,000 - $291,612) × 1.07^30

= $63,852

5 0

3 years ago

EZ-Tax is a tax accounting practice with partners and staff members. Each billable hour of partner time has a $800 budgeted pric

Harlamova29_29 [7]

Answer:

EZ-Tax

Partner Staff Total

a. Sales price variance $104,000 ($110,000) ($6,000) U

b. Activity variance $160,000 $420,000 $580,000 F

c. Mix variance $85,000 $180,000 $265,000 F

d. Quantity variance $189,000 $70,000 $259,000 F

Explanation:

a) Data and Calculations:

Partner Staff

Budgeted billable rate per hour $800 $210

Budgeted variable cost per hour 375 120

Budgeted billable hours 5,000 20,000

Budgeted revenue $4,000,000 $4,200,000

Budgeted variable cost 1,875,000 2,400,000

Actual revenue $4,264,000 $4,510,000

Actual billable hours 5,200 22,000

Actual billable rate per hour $820 $205

Budgeted billable rate per hour $800 $210

Variance in price $20 ($5)

Sales price variance $104,000 ($110,000) ($6,000)

Sales price variance = (Standard price - Actual price) * Actual billable hours

= ($800 - $820) * 5,200 + ($210 - $205) * 22,000

= $20 * 5,200 + ($5) * 22,000

= $104,000 - 110,000

= $6,000 U

Activity variance = (Actual billable hours - Standard billable hours) * Standard rate

= (5,200 - 5,000) * $800 + (22,000 - 20,000) * $210

= (200 * $800) + (2,000 * 210)

= $160,000 + 420,000

= $580,000 F

Partner Staff Total

Budgeted revenue $4,000,000 $4,200,000 $8,200,000

Budgeted variable cost 1,875,000 2,400,000 4,275,000

Budgeted contribution $2,125,000 $1,800,000 $3,925,000

Actual revenue $4,264,000 $4,510,000 $8,774,000

Actual variable cost 1,950,000 2,640,000 4,590,000

Actual contribution $2,314,000 $1,870,000 $4,184,000

Quantity variance $189,000 $70,000 $259,000

Quantity variance = Budgeted contribution - Actual contribution

= $3,925,000 - $4,184,000

= $259,000 F

Mix Variance:

Standard contribution margin $425 $90

Volume variance 200 2,000

Mix variance = $85,000 $180,000

3 0

2 years ago

Each of the following items would drive the need for layout planning except ______.