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KIM [24]
2 years ago
10

Regardless of the criteria differences among different types of projects, typically the most important criterion for project sel

ection is
Business
1 answer:
natima [27]2 years ago
4 0

Answer:

the project fits to the organization strategy.

Explanation:

A project can be defined as a set of actions which typically involves the process of designing, developing, planning, execution and implementation of these plans for the creation of a product or creative work.

There are various criteria that are to be considered when selecting a project and these are;

1. Availability of resources.

2. Probability of success.

3. Economic policies.

4. Target market.

5. Availability of data and capital.

Regardless of the criteria differences among different types of projects, typically the most important criterion for project selection is to determine if the project fits into the organization's strategy.

This is to ensure that the aim, goals, and objectives defined by the organizational strategy is in tandem with the project before it would be selected and approved by the top executives or senior management of an organization.

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Marigold Corp. sells radios for $50 per unit. The fixed costs are $545000 and the variable costs are 60% of the selling price. A
Montano1993 [528]

The new break-even point in units is: $23,200

Solution:

Given,

Marigold Corp. sells radios for $50 per unit

Fixed costs = $545000

Variable costs = 60%

As a consequence of the modern electronic facilities, the fixed costs are projected to rise by $35,000 and the variable costs would be 50% of the purchase price.

Now,

The new break-even point in units is:

= $545000 + $35000

= $580,000

=> 580,000/25 = $23,200

7 0
1 year ago
ASSETS Cash $ 20,000 Accounts receivable 80,000 Inventory 50,000 Net plant and equipment 250,000 Total assets $ 400,000 LIABILIT
Dahasolnce [82]

Answer:

The firm's receivable turnover is 20 times

Explanation:

The computation is shown below:

Accounts receivable turnover ratio  = (Credit sales ÷ average accounts) receivable

where,  

Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2

= ($0 + $50,000) ÷ 2

= $25,000

And, the net credit sale is $500,000

Now put these values to the above formula  

So, the answer would be equal to  

= ($500,000 ÷ $25,000)

= 20 times

And, the average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio

= 360 days ÷ 20

= 18 days

7 0
1 year ago
Carrington Corporation produces canned vegetable soup. The company uses the weighted-average method in its process costing syste
agasfer [191]

Answer:

Option (B) is correct.

Explanation:

100% complete for conversion cost the units that are complete.

Units that produced during the period:

= Units sold + Units of finished Ending - Beginning units of Finished

= 300,000 + 60,000 - 75,000

= 285,000 units

And work in process at ending is 24,000 units but for conversion costs is 75% only.

For conversion Equivalent units:

= 75% of Ending Work in process + Units that produced during the period

= 75% × 24,000 + 285,000

= 18,000+285,000

= 303,000 units

4 0
1 year ago
Explain four benefits to the US food exporter of the data researched from secondary sources.
ELEN [110]

Answer:

- The data will be acquired faster

- The data will be acquired on a cheper price

- It offers different perspective

- Eliminate bias from self-made research

Explanation:

Secondary sources are a form of data that is created by people who are not directly involved in the event. They do not experience in the event nor involved in the initial experiment that contributed to the event.

The data will be acquired faster since the food exporter do not have to arrange the research themselves. This eliminate the need to purchase research equipment and hiring researcher workers, which will lead to lower cost.

Not only that, using secondary sources will allow them to analyze the data from a neutral position. They do not developed bias that might come from making a conclusion by their own. They could also easily gather similar data from different sources in order to measure the data's accuracy.

4 0
1 year ago
What is one reason that could explain why some unethical behavior goes<br> unreported?
Vikki [24]

Answer:

Well some people may be threatened by the person who is engaging in unethical behavior or some are just timid and keep to themselves, and just tolerate the unethical behavior, in order to not create conflict or not make enemies within the workplace. But either way we should always report unethical behaviors if we witness it, because if you do not take action it can create an atmosphere where misconduct spreads like wildfire.

8 0
2 years ago
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