Q4/ The table below shows the duration and direct costs for the activities of a construction project. It is required to calculate the duration of the project that achieves the lowest possible total cost using the technique of crashing if the indirect costs are 20% from direct cost. Normal Time (NT) Normal Cost Crash Time Crash Cost Activity (CT) weeks (CC) $ weeks (NC) $ A 1000 3 7000 В 4 9000 10000 3 6000 1 10000 D 4 8000 11000 E 6. 1000 4 13000

Q4/ The table below shows the duration and direct costs for the activities of a construction project. It is required to calculate the duration of the project that achieves the lowest possible total cost using the technique of crashing if the indirect costs are 20% from direct cost. Normal Time (NT) Normal Cost Crash Time Crash Cost Activity (CT) weeks (CC) $ weeks (NC) $ A 1000 3 7000 В 4 9000 10000 3 6000 1 10000 D 4 8000 11000 E 6. 1000 4 13000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

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Concept explainers

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.

Question

Q4/ The table below shows the duration and direct costs for the activities of a
construction project. It is required to calculate the duration of the project that achieves
the lowest possible total cost using the technique of crashing if the indirect costs are
20% from direct cost.
Crash Time
Crash Cost
Normal Time (NT)
weeks
Normal Cost
Activity
(NC) $
(CT) weeks
(CC) $
A
6.
1000
3
7000
B
4
9000
10000
C
3
6000
1
10000
D
4
8000
2
11000
E
6
1000
4
13000
5
А
D
End
Start
7
6.
B
E

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