A given work package has a planned value( (PV) of $10,000, an earned value (EV) of $9,000, and an actual cost (AC) of $12,000. Which of the following is not true: O Cost variance is - $3,000 Schedule variance is -$2,000 Cost performance index is 0.75 Schedule performance index is 0.9

A given work package has a planned value( (PV) of $10,000, an earned value (EV) of $9,000, and an actual cost (AC) of $12,000. Which of the following is not true: O Cost variance is - $3,000 Schedule variance is -$2,000 Cost performance index is 0.75 Schedule performance index is 0.9

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Assume the following information for one of a company's variable expenses: -The amount of expense in the planning budget is $9,000 -The cost formulat is $9.00 per hour -The actual level of activity is 900 hours -The spending variance is $100 unfavorable. The actual amount of the expense must be:
8.
Abernathy Corporation used the following data to evaluate their current operating system. The company sells items for $10 each and used a budgeted selling price of $10 per unit. Actual Variable Cost is $450,800 and Budgeted Variable is $432,000. What is the Static Budget Variance of Variable Cost? Question 27 options: $18,800 F $18,800 U None of the above
Lincoln Corporation used the following data to evaluate their current operating systemThe company sells items for $18 each and used a budgeted selling price of $18 per Units sold Variable costs Fixed costs Actual Budgeted 45,000 units 31,000 units $161,000 150,000 $44,000 $50,000 What is the staticbudget variance of variable costs? A. 11,000 unfavorable B. $6,000 favorable C. 14,000 favorable D. $5,000 unfavorable
1. The BAC of your project is 200,000 USD, and to date you have spent 120,000 USD. A closer eview reveals that you have completed only 55% of the work, however, according to the you should have completed 65% by now. What is the schedule performance index? 1.17 1.00 0.85 What is the schedule variance choices 20,000 USD 10,000 USD -20,000 USD 2. The BAC of your project is 50,000 USD and its duration is one year. After 6 months you review status of the project and find that only 40% of the work has been completed and you have spent 30,000 USD. What is the budget at completion? 30,000 USD 50,000 USD 20,000 USD
If the indirect costs for each duration are $300 for 27 weeks, $240 for 26 weeks, $180 for 25 weeks, $120 for 24 weeks, $60 for 23 wowowo (weeks, and $50 for 22 weeks, compute the direct, indirect, and total costs for each duration. What is the optimum cost-time INCONDUGULILE T DONDO schedule? waiting thalin www.tomamilionima Ellenton Act. = m ---- B Crash Cost (Slope) 80 30 40 50 100 30 Maximum Crash Time Normal Time 23124= 10 855560 15 Normal Cost 40 10 80 51 50 TUT 100 20 $300 Time unit 1 wook
A company has the following standard cost card for a product: £ Selling price 2.50 Variable costs 1.95 Fixed cost 0.15 The original budget was to make and sell 110,000, but in fact 125,000 were produced and 120,000 sold for total revenue of £295,000. Which of the following are the correct variances? Sales volume Sales price A 4,000 F 5,000 A B 4,000 F 5,000 F C 25,000 F 20,000 A D 25,000 F 20,000 F
he following information relates to product A: Quantity Unit Price Cost Per Unit Material (kg) 5 £15 £75 Labour (hours) 4 £20 £80 Budgeted production 1250 Units Actual production 1000 Units Actual inputs were as follows: Material 6000 Kgs £100,000 Labour 3800 hours £70,000 A). Calculate Material Usage Variance. Choose one from the following: A. £10,000 Favourable B. £10,000 Unfavourable C. £15,000 Favourable D. £15,000 Unfavourable
Assume the following information for Jenkins Inc.: Total flexible budget direct materials costs: $5,000 Standard quantity of direct materials per unit: 40 items Budgeted production: 300 units Total actual direct materials costs: $4,500 Actual quantity of direct materials per unit: 42 items Actual production: 250 units What is Jenkins’ direct materials efficiency variance? (do not round intermediate calculations, round final answer to the nearest cent)
ss
Calculate the value of A. Enter Favourable variances as a positive number and Unfavourable variances as a negative number. 1 2 Units 3 4 Less: Total Variable Costs 5 Direct Materials Revenues 6 Direct Labour 7 Variable Manuf. OH. 8 Total Variable Costs 9 Total Contribution Margin 10 Total Fixed Costs 11 Operating Income $ B Static 120,000 C Actual $ D Flex Budget 80,000 E Flex Budget Variance $70,000 F $20,000 U $20,000 U
--/1 Question 5 View Policies Current Attempt in Progress If the materials price variance is $3900 F and the materials quantity and labor variances are each $3000 U, what is the total materials variance? O $3000 U O $3900 F O $4350 U O $900 F hp 12 f10 fg 144 18 f7 f6 f5 4+

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