Answered: CURRENT DATE CURRENT PROJECT BUDGET :… | bartleby

Quickbooks Online Accounting

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter8: Budgets And Bank Reconciliations

Section: Chapter Questions

Problem 3.6C

See similar textbooks

Related questions

Question

None

CURRENT DATE
CURRENT PROJECT BUDGET
:
10 JULY 2024
R600 000
ACTIVITY/TAS
COMPLETIO
BUDGETE
CASH
ACTUAL
COST
K
N DATE
D AMOUNT
FLOW
SCHEDULE
D
(BCWP)
COST
(ACWP)
VARIANCE
(CVAR/CV)
Task a
18/08/2024
R174 000
???
R186 000
-R12 000
Task b
15/09/2024
???
R96 000
R96 000
-R6 000
Task c
24/10/2024
R156 000
???
R156 000
???
Task d
5/11/2024
R180 000
R168 000
???
R12 000
TOTAL
17/12/2024
???
???
???
???

Expert Solution

Step by step

Solved in 2 steps with 2 images

SEE SOLUTION Check out a sample Q&A here

Blurred answer

Similar questions

Table 1: Project Data Project NPV (M$) Risk (%) Capital (M$) A 19 4 14 B 22 S 10 C 24 6 12 D 27 7 15 E 21 5 13 The budget constraint may be stated as: *A+c+2%p <= 0 14% +10x12x15xD -13%E43 14% -10%E-12x15xD -13%E43 %B5%E
(Spring 2020/21)-Section 01 > Final Examination_ACCT202_Spring 2021_10.06.2021 > PART- Budgeted sales OMR 75000; Actual sales OMR 60000; then the variance will be: O a. OMR 15000 Favorable O b. Some other answer O c. OMR 60000 Favorable O d. OMR 15000 Unfavorable
You are given the following data. Calculate the VAC (Variance at Completion) for two scenarios as listed below Project A Budget S400,000 Duration 90 days Status |60 days EV $140,000 PV $150,000 AC $178,000 BAC = 1. Assume future budget estimates do not change ETC = EAC = VAC = 2. Assume future costs continue at the same spending rate ETC = EAC = VAC =
Diane Buswell is preparing the 2022 budget for one of Current Designs' rotomolded kayaks. Extensive meetings with members of the sales department and executive team have resulted in the following unit sales projections for 2022. Quarter 1 1,300 kayaks Quarter 2 2,000 kayaks Quarter 3 950 kayaks Quarter 4 950 kayaks Current Designs' policy is to have finished goods ending inventory in a quarter equal to 25% of the next quarter's anticipated sales. Preliminary sales projections for 2023 are 1,100 units for the first quarter and 2,000 units for the second quarter. Ending inventory of finished goods at December 31, 2021, will be 325 rotomolded kayaks. Production of each kayak requires 44 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). Company policy is that the ending inventory of polyethylene powder should be 20% of the amount needed for production in the next quarter. Assume that the ending inventory of polyethylene powder on December 31, 2021, is 21,800…
Suppose the capital budget was $100,000. What is the NPV of the best project(s)?
Please do not give solution in image format thanku
P7
TB MC Qu. 13-01 A project has the following projected outcomes in... A project has the following projected outcomes in dollars: $240, $330, and $590. The probabilities of their outcomes are 30%, 45%, and 25% respectively. What is the expected value of these outcomes? Multiple Choice O O $353.00 $368.00 $413.00 $383.00
Table 1: The Planned Value of Work Done Schedule March 120,000 120,000 70,000 100,000 Jan Feb Project A Project B Project C Project D 60,000 100,000 80,000 120,000 100,000 80,000 80,000 120,000 Аpril 120,000 140,000 90,000 120,000 May 200,000 140,000 100,000 150,000 Based on the data obtained from each project, you have found out the value of work done on the 31st of March, which is shown in Table 2 below. Table 2: The Actual Value of Work Done and Direct Cost Incurred as of the 31st of March Project Actual Value of Work Done 300,000 250,000 250,000 280,000 Direct Cost Incurred 220,000 180,000 200,000 240,000 A Each project is supposed to contribute 10% profit and 8% orerhead to the compoany. You are requested to present to the company the turnorer as of the 31st of march. Prepare your answer by answering the following questions. a) Calculate the planned ralue of work done, the total planned orerhead and the total profit contribution from all the projects as of the 31st of march. b)…
Table 1: The Planned Value of Work Done Schedule Jan Feb March Project A Project B Project C Project D 60,000 100,000 80,000 120,000 100,000 80,000 80,000 120,000 120,000 120,000 70,000 100,000 April 120,000 140,000 90,000 120,000 Мay 200,000 140,000 100,000 150,000 Based on the data obtained from each project, you have found out the value of work done on the 31st of March, which is shown in Table 2 below. Table 2: The Actual Value of Work Done and Direct Cost Incurred as of the 31st of March Project Actual Value of Work Done 300,000 250,000 250,000 280,000 Direct Cost Incurred A 220,000 180,000 200,000 240,000 Each project is supposed to contribute 10% profit and 8% orerhead to the compoany. You are requested to present to the company the turnorer as of the 31st of march. Prepare your answenr by answering the following que'stions. a) Calculate the planned ralue of work done, the total planned orerhead and the total profit contribution from all the. projects as of the 31st of March. b)…
Diane Buswell is preparing the 2022 budget for one of Current Designs' rotomolded kayaks. Extensive meetings with members of the sales department and executive team have resulted in the following unit sales projections for 2022. Quarter 1 1,300 kayaks Quarter 2 2,000 kayaks Quarter 3 950 kayaks Quarter 4 950 kayaks Current Designs' policy is to have finished goods ending inventory in a quarter equal to 25% of the next quarter's anticipated sales. Preliminary sales projections for 2023 are 1,100 units for the first quarter and 2,000 units for the second quarter. Ending inventory of finished goods at December 31, 2021, will be 325 rotomolded kayaks. Production of each kayak requires 44 pounds of polyethylene powder and a finishing kit (rope, seat, hardware, etc.). Company policy is that the ending inventory of polyethylene powder should be 20% of the amount needed for production in the next quarter. Assume that the ending inventory of polyethylene powder on December 31, 2021, is 21,800…
Estimate the MIRR of the following project considering a 12% discount rate Year CF -1,200 500 600 -907 1,000 1,200 Select one: a. 19% b. 24% C. 22% d. 20% N 3 4 5

SEE MORE QUESTIONS

Recommended textbooks for you

Quickbooks Online Accounting

Quickbooks Online Accounting

Accounting

ISBN:

9780357391693

Author:

Owen

Publisher:

Cengage

Quickbooks Online Accounting

Quickbooks Online Accounting

Accounting

ISBN:

9780357391693

Author:

Owen

Publisher:

Cengage

SEE MORE TEXTBOOKS