Below is a project WBS with cost apportioned by percent. If the total project cost is estimated to be $650,000, what are the estimatedcosts for the following deliverables? (Round the final answers to the nearest dollar.)Definition10%Router systems project$650,000Implementation47%Objectives Requirements Inputs Outputs Files Interfaces Programming In-house testing Customer testing and review3%7%3%4%5%9%22%38%9%a. Design?b. Programming?C. In-house testing?Design43%

In order to be sure that the project stays within the allocated budget, project cost management…

Answered: Definition 10% Design 43%…

Definition 10% Design 43% Implementation 47% jectives Requirements Inputs Outputs Files Interfaces Programming In-house testing Customer tes 3% 7% 3% 4% 5% 9% 22% 38%

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter12: Balanced Scorecard And Other Performance Measures

Section: Chapter Questions

Problem 11MC: Dixon Construction Materials has collected this information: Based on this Information, what is the...

See similar textbooks

Related questions

Q: For each product line, compute operating income using the activity-based costing system. Product…

A: Total cost will remain the same whether we follow traditional costing or activity based cost. Only…

Q: Homework Activity Based Costin X M Question 6 - Hom work: Activity X…

A: Overhead : Indirect costs incurred while producing goods or services. Overhead costs cannot be…

Q: 38 Job Cost Sheet 39 40 Sheets 16 41 White material 42 29 Blue material Yellow material 43 24 44 45…

A: The determination of selling price per quilt and the answers for the questions from 2 - 5 are shown…

Q: A company has two service departments (S1 and S2) and two manufacturing divisions (MI and M2). The…

A: The allocation of cost of service departments to the operational department is an important task to…

Q: Required: abem sd bluow 5gslioqe lammonds lo t200 od by 1. Prepare a physical flow schedule. bas…

A: “Since you have posted a question with many sub-parts, we will solve three sub-parts for you. To get…

Q: CengageNOWv2 | Online teachin x * Cengage Learning +…

A: Statement showing number of units in work in process at the end of the month of May Particulars…

Q: Allocation base Estimated manufacturing overhead cost Estimated total amount of the allocation base…

A: Solution: Overhead rate = Estimated overhead / estimated machine hours = 655700/ 83000 = 7.90 per…

Q: akeA b: Chapter 23 Exercises еBook rials Diroct Lahor and Eactor ct Var

A: Required variance are as follows:

Q: Q4 Determine the quantity of each component necessary to produce 20 units of final assembly called…

A: Bill of materials (BOM) is list of all the materials and their quantities required in the…

Q: Required information PR 7-41 (Static) CVP Graph; Cost Structure; Operating Leverage (LO 7-2, 7-3,…

A: Variable costs are those costs which changes along with change in activity level or sales volume.…

Q: Required information Use the following information for the Exercises below. (Algo) 1 [The following…

A: Inventory includes all the items, merchandise, and raw materials that are used by the business…

Q: 2. Change all of the numbers in the data area of your worksheet so that it looks like this: A 1…

A: PREDETERMINED OVERHEAD RATEPredetermined rate means the indirect cost rate.Predetermined overhead…

Q: Hh Module 1-30691202003 * My Home CengageNOWv2 | Online teachir x Cengage Learning…

A: 1. Prepare the journal entry to record the flow of cost into the Refining Department during the…

Q: Costs per Equivalent Unit The following information concerns production in the Baking Department for…

A: The total cost of producing a product, including raw materials and operating costs, is detailed in a…

Concept explainers

Computerized Accounting System

The Computerized Accounting System is generally a system of maintaining accounts using computers. In this method of accounting system, the accounting transactions are processed through the use of hardware and software to generate the reports such as journals, ledgers, trial balance, trading account, P/L accounts, balance and other reports.

Question

Below is a project WBS with cost apportioned by percent. If the total project cost is estimated to be $650,000, what are the estimated
costs for the following deliverables? (Round the final answers to the nearest dollar.)
Definition
10%
Router systems project
$650,000
Implementation
47%
Objectives Requirements Inputs Outputs Files Interfaces Programming In-house testing Customer testing and review
3%
7%
3%
4%
5%
9%
22%
38%
9%
a. Design?
b. Programming?
C. In-house testing?
Design
43%

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1: Introduction

VIEW

Step 2: Working notes for the Estimated Cost of Deliverables

VIEW

Solution

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 3 steps with 1 images

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Introduction to Data analytics for accounting

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions

Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to allocate the overhead costs to the projects. The activities and related overhead costs are as follows: initial concept formation $40,000, design $300,000, and construction oversight $100,000. The cost drivers and expected use are as follows.Expected Use of Cost Drivers Activities Cost Drivers per ActivityInitial concept formation Number of project changes 20 Design Squarefeet 150,000 Construction oversight Number of months 100(a) Compute the predetermined overhead rate for each activity. (b) Classify each of these activities as unit-level, batch-level, product-level, or facility-level.
you are the project manager on a project that has $1,300,000 software development effort(budget). According to the project schedule your team should have done 35% complete while 40% budget has been used. Earned Value Management (EVM) is a project management techmique for measuring project performance (schedule, cost, mainly) and progress in an objective manner in terms of work achived(value). Calculate earned value management measures listed below this case: Cost performance Index (CPI) Schedule performance index (SPI) expected cost at completion (EAC) the schedule variance (SV) The cost Variance (CV) Make a conclusive comment on how the project is tracking in terms of both schedule and cost.
Suppose the MWTP in periods 1 (now) and 2 (one year from now) is given by P = 8 - 0.4q Marginal extraction cost = $2.r = 20%. The available supply is 20 units. Determine the allocation of outputs across the two periods that maximizes the present value of the net benefits for the use of the resources. Draw your answer on a graph similar to Figure 5.2 in the text, using engineering graph paper with fine detail (small squares) on the back of this sheet.
how to plan for a new enterprise-wide system that will have 500 operational users and 50 which will be within the programmer/developer/administrator category for a total of 550 possible concurrent users and create and estimate a maintenance cost cost for 550 user Enterprise edition licenses .
Assignment Questions. Diagram the existing cost system used at AHU to assign costs to SB and SE in Clearly identify the allocation bases as well as the rates used to assign these costs. Is it an ABC system? Why?
Dixon Construction Materials has collected this information: Based on this Information, what is the EVA for the project? A. $100,000 B. $10,000 C. $450,000 D. ($110,000)
An engineering company was awarded a project with an original budget of 250,000 hours, valued at $20,000,000. The Client has asked the project to prepare an in-depth analysis of the project performance and make a formal presentation. Use the following data to prepare the reports and presentation as requested by the Client. Planned hours 110,786 Actual hours spent to date 123,241 % complete 34% How many hours have the project earned?
Given the cost formula Y = $12,500 + $5.00X, total cost for an activity level of 4,000 units would be: Select one: a. $16,000 b. $20,000 c. $12,500 d. $32,500
Given the cost formula, Y = $16,000+ $3.40x, total cost for an activity level of 4,000 units would be: A. $13,600 OB. $3,600 C. $29,600 O D. $16,000
Want ans
At a level of physical activity of 15,000 units, the total cost would be as follows using the cost formula Y = $20,000 + $4X: $35,000 $60,000 $20,000 $80,000.
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