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Misha Larkins [42]
2 years ago
8

2. Risks ____ should be given higher priority because if the risk occurs, it would have a greater impact on the schedule than if

it was associated with activities on a path that has a large positive value of total slack.
Business
1 answer:
ruslelena [56]2 years ago
5 0

Answer:

Risk on the critical path should be given higher priority than activities that are not part of the critical path, or that have a positive slack.

This is because incurring in a riks that is on the critical path can seriously alter the schedule of a project, to the point that the project could be delayed or put off.

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(Chapter Supplement) Irish Industries purchased a machine for $65,000 and is depreciating it with the straight-line method over
denis-greek [22]

Answer:

$4,500

Explanation:

depreciation expense

= [revised cost of asset - salvage value]/[remaining life of the assets]

=  [$39,000 - $3,00]/[8 years]

= $4,500

Therefore, The Depreciation expense for Year 6 is $4,500.

3 0
2 years ago
Linden, Inc. uses a 5,000 square foot factory space that it rents for $2,500 a month for all its manufacturing activities. Linde
nikdorinn [45]

Answer:

$1000

Explanation:

Total factory rent is $2500 for 5000 sq ft. The basis for assigning the rent cost to different activities will be on the basis of factory area used.

Factory area used by different activities is as follows,

1. Machining    500 sq ft

2. Preparation & Setup    2000 sq ft

3. Quality Control      2000 sq ft

4. Finishing    500 sq ft

So, The cost that will be assigned to the Preparation and setup cost will be

$2500 * 2000/5000 = $1000

3 0
2 years ago
Stefan Ceramics is in the business of selling ceramic vases. It has two​ departments, molding and finishing. Molding department
Mandarinka [93]

Answer:

The following entries would be made.

Stefan Ceramics

Sr. No                Particulars                 Debit                 credit

1               Merchandise Inventory      291600

                Accounts Payable/ Cash                                    291600

For purchase of  720 kgs of tungsten carbide at​ $280 per kg (720*280=291600)

Accounts Payable or cash depending on whether material was purchased for cash or through accounts payable( creditors).

2                 Work In Process               291600  Dr

                                 Merchandise Inventory      291600 Cr

For use of  720 kgs of tungsten carbide . As there is no ending inventory the whole of the material is charged to production.

6 0
2 years ago
Starling Company purchased machinery at the beginning of Year 1 at a cost of $86,100. The machinery has an estimated life of fiv
Alja [10]

Answer:  $10,906

Explanation:

Given that,

Purchased machinery at the beginning of Year 1 = $86,100

machinery has an estimated life of five years,

Estimated residual value = $4,305

Accumulated depreciation = $49,077 at the end of Year 2

Year 3 Depreciation expense:

= \frac{Cost\ of\ machinery - Estimated\ residual\ value - Accumulated\ depreciation}{3}

= \frac{86,100 - 4,305 - 49,077}{3}

= $10,906

5 0
2 years ago
Consider the effects of inflation in an economy composed of only two people: Charles, a bean farmer, and Dina, a rice farmer. Ch
Fantom [35]

Answer:

1) Suppose that in 2017 the price of beans was $2 and the price of rice was $8.

  • a) inflation rate = 100%
  • b) both are unaffected

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $8, inflation rate 100%

The inflation rate measures the change in the general price level of an economy during a certain period of time, in this case during a year from 2016 to 2017.

Since Gilberto produces beans and Juanita produces rice, and the price of both of their products increase equally (100%), then the inflation rate will not affect them. Their consumption levels also remain the same, no one decided to consume more of one product and less of the other.

2) Now suppose that in 2017 the price of beans was $2 and the price of rice was $4.80.

  • a) 60%
  • b) Charles is better off while Dina is worse off

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $4.80, inflation rate 20%

average inflation rate = 60%

Since Charles produces beans, and the price of his products increased a lot, he will be better off, while Dina will be worse off since the price of rice increased much less.

3. Now suppose that in 2017, the price of beans was $2 and the price of rice was $1.60.

  • a) 20%
  • b) Charles will be better off, Dina will be worse off

old price of beans = $1, new price $2, inflation rate 100%

old price of rice = $4, new price $1.60, inflation rate -60%

average inflation rate = 20%

4) What matters more to Charles and Dina?

  • The relative price of rice and beans is more important to Charles and Dina.
7 0
2 years ago
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