If the project's current total earned value (EV) is $100,000 and the actualamount spent (AC) is $95,000, what is the cost variance of the project?A. The cost variance is 1.05B. The cost variance is 5,000C. The cost variance is 0.95D. The cost variance is -5,000Your company has temporarily assigned you to serve as a project managerat a company location outside your home country. While meeting with avendoryourfirst day on the job, you are presented with a gift. Thecorporate policy at the headquarters in your home country prohibitsemployees from accepting these types of gifts. However, as you are new tothis location, you believe- but are not sure-that the local policy, as well aslocal custom may differ. How should you respond?A. Provide a gift of similar value to the vendor at your next meeting.B. Accept the gift but do not tell anyone.C. Respectfully tell the vendor you are not sure of corporate policy,and will need to ask your management before you can accept gifts

The concept of cost variance indicates the difference between the actual cost incurred and budgeted…

Answered: If the project's current total earned…

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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If Swannanoa Company's budgeted sales are $800,000, fixed costs are $250,000, and variable costs are $500,000, what is the budgeted contribution margin ratio? If the contribution margin ratio is 35%, sales are $900,000, and fixed costs are $200,000, what is the operating income?
Division A has the capacity to produce 120,000 units. The normal selling price of each unit is P80. The variable cost incurred for each unit is P42. Total direct fixed cost for the relevant range is P1,150,000. Division B can use the products of Division A as an input in its manufacturing process but is currently acquiring the said products from an outside supplier. The price per unit is P75. Total annual demand is 30,000 units. 1. Assuming sufficient capacity, what is the minimum acceptable transfer price to Division A? 2. Assuming only 22,500 excess capacity, what is the minimum acceptable transfer price to Division A? 3. Assuming no excess capacity, what is the minimum acceptable transfer price to Division A? 4. What is the maximum acceptable transfer price to Division B?
If the contribution margin per unit is Php 15 and it takes 3.0 machine hours to produce the unit, the contribution margin per unit of limited resource is: O Php 5.00 O Php 20.00 O Php 4.00 O Php 11.00 O None of the above. Activate Wing
Suppose that a company expects the following financial results from a projectduring its first year operation:• Sales revenue: $250.000• Variable costs: $80.000• Fixed costs: $50.000• Total unit produced and sold: 1,000 units(a) Compute the contribution margin percentage.(b) Compute the break-even point in units sold.
Division A has the capacity to produce 120,000 units. The normal selling price of each unit is P80. The variable cost incurred for each unit is P42. Total direct fixed cost for the relevant range is P1,150,000. Division B can use the products of Division A as an input in its manufacturing process but is currently acquiring the said products from an outside supplier. The price per unit is P75. Total annual demand is 30,000 units. Assuming sufficient capacity, what is the minimum acceptable transfer price to Division A? Assuming only 22,500 excess capacity, what is the minimum acceptable transfer price to Division A? Assuming only 22,500 excess capacity and that Division A can avoid variable selling cost per unit of P4 but will incur a one-time fixed cost of P30,000 for the order, what is the minimum acceptable transfer price to Division A? Assuming no excess capacity, what is the minimum acceptable transfer price to Division A? What is the maximum acceptable transfer…
need answer with brief explanation
ABC INC product is currently produced at 10 materials, 40 labor and 15 overhead. If automation is implemented, the product can be produced at 10 materials, 5 labor and 35 overhead. At a total of 10,000 units, what is the net incremental cost or benefit if the production decides to move into automation?
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%
A chemical company is considering two types of incinerators to burn solid waste generated by a chemical operation. Both incinerators have a burning capacity of 20 tons per day. The following data have been compiled for comparison of the two incinerators: If the firm's MARR is known to be 13%. determine the processing cost per tonof solid waste for each incinerator. Assume that incinerator B will be availablein the future at the same cost.
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
Explain points the estimator must take into consideration when preparing for an upcoming project If the daily production rate for a crew that works in activity is 200 units/day and the total crew cost per day is 150 $. The material unit cost is 3 $. - Calculate the time and cost it takes the crew to finish 2100 units -Calculate the total unit cost.
A manager must decide between two machines. The manager will take into account each machine's operating costs and initial costs, and its breakdown and repair times. Machine A has a projected average operating time of 131 hours and a projected average repair time of 4 hours. Projected times for machine B are an average operating time of 61 hours and a repair time of 5 hours. What are the projected availabilities of each machine? (Round your answers to 3 decimal places.) Answer is complete but not entirely correct. Availability 0.952 0.945 Machine A Machine B

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