Prepare the trial balance of Gordon Construction, Inc., at June 30, 20xx. * 4. The manager asks you how much in total resources the business has to work with and, how much it owes. Case Study 1 (Part B) Requirement 1 (Learning Objectives 3, 4: Adjust the accounts; construct the financial statements) Record the following month end adjusting entries for Gordon Construction, Inc. at June 30, 20xx Month end accruals at June 30, 20xx: * a. Accrued advertising revenue at June 30, $3,100.
These details help to do a root cause analysis to prevent future defects. Timing-meet dates for certification of new components. Certification verifies new parts meet specs and a certification permits the parts to be used. Costly if delays in production due to a part or component not being certified. Delivery-Production schedules set one week in advance.
The team works 14 hours a day, six days a week, 50 weeks a year, and is able to make 12 rugs a year. Each laborer is paid a wage that is equivalent to $1.10 per day. The rugs sell for $2,000 each in the United States. a. What are the total labor costs involved in making these 12 rugs?
Net Present Value, or NPV, combines two concepts of value. First, it determines how much cash will flow in as a result of the investment, and compares that against the cash that will flow out in order to make the investment. Since these flows take place over time, and often the investment will pay off much later, we also take into account the present and future value of
What is the cost of a square farm at $15 per acre, the distance of which is 640 rods? 10. Write a Bank Check, a Promissory Note, and a Receipt U.S. History (Time, 45 minutes) 1. Give the epochs into which U.S. History is divided 2. Give an account of the discovery of America by Columbus 3.
Predetermined overhead application rate is equal to budgeted overhead divided by budgeted direct labor cost $546000/$4200000= 130.00% 2. Additions to the work in process accounts total $15,605,000. [5,600,000+$4,350,000+($4,350,000 x 130%)] 3.Finished goods inventory totaled $351,500. [$156,000+$85,000+($85,000 x 130%)] 4. The completed production journal entry is as follows: Finished goods inventory 15,761,800 Work in process inventory 15,761,800 There is no work in process at year end so it must be transferred to finsihed goods inventory by adding the beginning balance of work in process inventory of $156,000 to additions to the work in process inventory of $15,605,000.
1290 / 5 function points = 258 person months. 258 people / 6 available = 43 months. B. If 20 people are available for the project, what is the estimated project duration? 258 person months / 20 available = 12.9 months C. If the project must be completed in six months, how many people will be needed for the project?
A time management system is a designed combination of processes, tools, techniques, and methods. Usually time management is a necessity in any project development as it determines the project completion time and scope. Categorization • First generation: reminders based on clocks and watches, but with computer implementation possible; can be used to alert a person when a task is to be done. • Second generation: planning and preparation based on calendar and appointment books; includes setting goals. • Third generation: planning, prioritizing, controlling (using a personal organizer, other paper-based objects, or computer or PDA-based systems) activities on a daily basis.
Finally, you would add up the future values of all the individual cash flows to determine the future value of the cash flow stream. 2. Explain how to calculate the present value of a stream of cash flows. To calculate the present value of a stream of cash flows, you should first draw a time line so that you can see that each cash flow is placed in its correct time period. Then you simply calculate the present value of each cash flow for its time period, and finally you add up all the present values.
• A set of standard product development milestones needs to be established with allowable time variance based on historical and industry benchmark. Besides, at the beginning of the project a set of predetermined accountability points to be established between the top management and the project leaders and the performance of the project should be measured based on those. • A monthly meeting between the top management and the project leaders would help to monitor the projects as per the plan. Necessary corrections and change in plan may also be