are the cost associated with accomplishing the unit objectives the only ones that should be included in budget requests? why or nhy not?
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Is the cost associated with accomplishing the unit objectives the only ones that should be included in budget requests? Why or why not? Project Budget include the cost associated with accomplishing the unit objectives along with the same, it also includes Management Reserve and Contingency reserve, below Image can make us understand what the project budget is, Again, Cost baseline is the approved time-phased project budget, excluding any management reserves and In order to use the management reserve, the change control board has to approve the required funds. Estimates may sometimes include the Contingency Reserve (Time reserves or Money buffers) which is included for estimates considering the known-unknowns of the estimates. However, these are different from Management Reserve, which are kept for any unknown unknown’s scope additions by management. Contingency Reserve is used by Project Manager, Management Reserve is used by Stakeholders(Management), |
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are the cost associated with accomplishing the unit objectives the only ones that should be included in budget requests? why or nhy not?
eted, total fixed costs should be higher than expected. If activity is lower than o included in a flexible budget b...
eted, total fixed costs should be higher than expected. If activity is lower than o included in a flexible budget because they do not change when the level of activity 10 Which of the following statements is true? A. If activity is higher than expected, total fixed cos expected, total fixed costs should be lower than expected B Fixed costs should not be included in a flexible bu changes. A revenue variance is favorable if the actual revenue is greater...
. Did variable selling cost per unit figure into any of your calculations? Which ones, if...
. Did variable selling cost per unit figure into any of your calculations? Which ones, if any? . Is there anything misleading about the figure given for fixed manufacturing overhead? . What is the significance of contribution margins with respect to determining how much of each product to produce to maximize profit? What is the significance of contribution margins with respect to determining how much Rutro should pay for additional machine time? Why isn't sales price or the difference between...
Explain why each is right or wrong Documentation and testing Unit testing should only test common...
Explain why each is right or wrong
Documentation and testing Unit testing should only test common input cases Unit testing is a type of verification The main method of a class should perform extensive unit testing of the class unless it is the class driving the execution of a program All programs/classes should have a README file which clearly describes what the program/class does, how it is implemented, how it is used, whom wrote the code and bug fixes All...
Discussion why security awareness, education and training is important within organizations. What topics should be included...
Discussion why security awareness, education and training is important within organizations. What topics should be included in security education and training? Should training only be for lower level employees, or should management be required to receive training as well? I need work without plagiarism.i need a typed answer not hand written answer.
1. What raw materials cost would be included in the company's planning budget for March? 2....
1. What raw materials cost would be included in the company's planning budget for March? 2. What raw materials cost would be included in the company's flexible budget for March? 3. What is the materials price variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.) 4. What is the materials quantity variance for March? (Indicate the effect of...
ABC company total cost of making a product is $18.00 per unit and included in that...
ABC company total cost of making a product is $18.00 per unit and included in that price is $6.00 fixed cost per unit. The company sells this product to the local customers for $22.00 per unit. ABC gets a request from a customer from oversea to buy 500 units from ABC for a price of $14.00 per unit. Answer the following questions: a) Should ABC company accept the special order? (Yes or No?) (see page 130-131). b) If ABC company...
1.a) What variable manufacturing overhead cost would be included in the company's flexible budget for March...
1.a) What variable manufacturing overhead cost would be included
in the company's flexible budget for March and what is the variable
overhead effeiciency variance for March? b) What is the
variable overhead rate variance for March? c) What is the spending
variance related to advertising? d) What is the spending variance
related to sales salaries and commissions? e)What is the spending
variance related to shipping expenses?
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on...
1. What raw materials cost would be included in the company’s flexible budget for March? 2....
1. What raw materials cost would be included in the company’s
flexible budget for March?
2. What is the materials quantity variance for March?
(Indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no effect (i.e.,
zero variance.). Input the amount as a positive
value.)
3. What is the materials price variance for March?
(Indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no...
1. What raw materials cost would be included in the company’s planning budget for March? 13. What variable manufacturin...
1. What raw materials cost would be included in the company’s
planning budget for March?
13. What variable manufacturing overhead cost would be included
in the company’s flexible budget for Marc
14. What is the variable overhead rate variance for March?
(Round the actual overhead rate to two decimal places.
Indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no effect (i.e.,
zero variance.). Input all amounts as positive
values.)
15. What...
eted, total fixed costs should be higher than expected. If activity is lower than o included in a flexible budget because they do not change when the level of activity 10 Which of the following statements is true? A. If activity is higher than expected, total fixed cos expected, total fixed costs should be lower than expected B Fixed costs should not be included in a flexible bu changes. A revenue variance is favorable if the actual revenue is greater...
. Did variable selling cost per unit figure into any of your calculations? Which ones, if any? . Is there anything misleading about the figure given for fixed manufacturing overhead? . What is the significance of contribution margins with respect to determining how much of each product to produce to maximize profit? What is the significance of contribution margins with respect to determining how much Rutro should pay for additional machine time? Why isn't sales price or the difference between...
Explain why each is right or wrong
Documentation and testing Unit testing should only test common input cases Unit testing is a type of verification The main method of a class should perform extensive unit testing of the class unless it is the class driving the execution of a program All programs/classes should have a README file which clearly describes what the program/class does, how it is implemented, how it is used, whom wrote the code and bug fixes All...
1. What raw materials cost would be included in the company's planning budget for March? 2. What raw materials cost would be included in the company's flexible budget for March? 3. What is the materials price variance for March? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance.). Input all amounts as positive values.) 4. What is the materials quantity variance for March? (Indicate the effect of...
1.a) What variable manufacturing overhead cost would be included
in the company's flexible budget for March and what is the variable
overhead effeiciency variance for March? b) What is the
variable overhead rate variance for March? c) What is the spending
variance related to advertising? d) What is the spending variance
related to sales salaries and commissions? e)What is the spending
variance related to shipping expenses?
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on...
1. What raw materials cost would be included in the company’s
flexible budget for March?
2. What is the materials quantity variance for March?
(Indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no effect (i.e.,
zero variance.). Input the amount as a positive
value.)
3. What is the materials price variance for March?
(Indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no...
1. What raw materials cost would be included in the company’s
planning budget for March?
13. What variable manufacturing overhead cost would be included
in the company’s flexible budget for Marc
14. What is the variable overhead rate variance for March?
(Round the actual overhead rate to two decimal places.
Indicate the effect of each variance by selecting "F" for
favorable, "U" for unfavorable, and "None" for no effect (i.e.,
zero variance.). Input all amounts as positive
values.)
15. What...
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