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exis [7]
3 years ago
11

The project manager building a swimming pool and clubhouse at a retirement community is reviewing the chronological sequence of

activities that must be completed on the project and the estimated time of completion of each activity. She is employing the
Business
1 answer:
solniwko [45]3 years ago
4 0

The technique that's employed by the project manager is PERT technique.

<h3>What is a project?</h3>

It should be noted that a project simply means a work that's carried out in order to achieve a desired goal.

In this case, since the manager is reviewing the chronological sequence of activities that must be completed on the project, he's using the PERT technique.

Learn more about project on:

brainly.com/question/25009327

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If the price of good X rises and the demand for good X is inelastic, then the percentage fall in quantity demanded is __________
Dominik [7]

If the price of good X rises and the demand for good X is inelastic, then the percentage fall in quantity demanded is greater than the percentage change in price, and total revenue falls.

Demand elasticity, often known as the elasticity of demand, gauges how consumers react to changes in price or income. Due to the fact that the price of a good or service is the most typical economic component used to measure it, it is frequently referred to as price elasticity of demand.

The whole amount of money a seller can make by providing goods or services to customers is known as total revenue. The formula for this is P\times Q, or the purchase price times the quantity of the products sold.

Learn more about elasticity of demand here brainly.com/question/24384825

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6 0
2 years ago
Markley Manufacturing calculated its predetermined overhead rate to be 120% of direct labor cost. During June, the company incur
Nana76 [90]

Answer:

Applied Manufacturing Overheads are $102,000

Overapplied Manufacturing overheads are $18,000

Explanation:

Under or over applied manufacturing overhead can be determined by comparing the actual and applied manufacturing overheads.

Applied overheads can be calculated by multiplying pre-determined overhead rate and actual level of quantity. Predetermined overhead rate is calculated using estimated overhead and estimated activity on which overheads are applied.

In this question the predetermined overhead rate is 120% of direct labor cost.

Applied overhead = Direct labor cost x 120% = $85,000 x 120% = $102,000

Actual overheads incurred = $84,000

Overapplied Manufacturing overheads = $102,000 - $84,000 = $18,000

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