QUESTION 1

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

natima [27]

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.

4 0

2 years ago

Economists occasionally speak of "helicopter money" as a short-hand approach to explaining to increases in the money supply. sup

Ksenya-84 [330]

Answer and Explanation:

a. In case when the new bills are kept by the people so the supply of money would be increase by a very similar amount as it was dropped off the plane. That's because the banking is not in the image, so there is no impact on the money multiplier.

b. If the amount is deposited in the bank, the cash supply would rise with the money multiplier being taken into account. Money Multiplier = Deposited currency / reserve ratio. The overall supply of money that will raise be 1 billion / 0.1.

c.Again, if a 100% reserve banking is exercised by the bank, so the boosted money supply would be the same value as it has been deposited.

d. If half of the value is held by the public and half of the value is deposited with the bank at 10% of the reserves, the supply of money rises by half of the amount which is held by the public in addition of half of the value / reserve ratio that is 10%.

6 0

2 years ago

Tyare Corporation had the following inventory balances at the beginning and end of May:

densk [106]

Answer:

The correct answer is option (b) $5400

Explanation:

Solution

Calculation of the cost of direct material on May 1

Now,

The starting work In process inventory = Direct materials Cost + Direct labor Cost + Manufacturing overhead applied on W.I.P

13,500 = Direct materials cost + 4500 + 3600

Thus,

Direct material cost = 13500 - 4500-3600 = $5400

Note: Direct labor cost = 300 * 15 = $ 4500

The manufacturing overhead = 300 hour * $12 = $ 3600

So, only expenses associated to work in process will be considered, hence only direct labor and manufacturing overhead are used to work in process are considered.

8 0

2 years ago

The basic principle used to value an asset acquired in a nonmonetary exchange is to value it at: A) Fair value of the asset(s) g

Advocard [28]

Answer: A) Fair value of the asset(s) given up.

Explanation:

Non-monetary exchange occurs when non-financial assets are exchanged in a transaction. Recording this transaction is based on the fair value of the assets exchanged and the recording is usually done in one of 3 ways being,

1. At the fair value of the asset transferred in exchange for it with a gain or loss on the exchange being recorded.

2. At the fair value of the asset received, if the fair value of this asset is more evident than the fair value of the asset transferred in exchange for it.

3. At the recorded amount of the surrendered asset, if no fair values are determinable or the transaction has no commercial substance.

If you need any clarification do comment.

4 0

2 years ago

Thornton Camps, Inc. leases the land on which it builds camp sites. Thornton is considering opening a new site on land that requ

Alona [7]

Answer:

$20.

Explanation:

So, we have the following important data or parameters the are going to help us or assist us in solving this particular Question or problem.

(1). Total number of customers served campers = 6600.

(2). Rental payment per month = $3,300.

(3). Total number of months = 12 months( that is January to December).

(4). "The variable cost of providing service is expected to be $5 per camper"

So, let us delve right into the solution of the question.

Step one: determine the fixed cost per unit. The fixed cost per unit can be determined by following the formula below;

Fixed cost per unit = (rental payment pee month × number of months) ÷ total number of campers.

Thus, the fixed cost per unit = $3,300 × 12) ÷ 6,600.

The fixed cost per unit = 6.

STEP TWO: The next thing to do now is to determine the price it should charge for a camp site in February and August.

Kindly note that this the price that it should charge for a camp site in February and August are going to be the same.

Therefore, the price it should charge for a camp site in February and August = $6 + $5 + $9 = $20.

4 0

2 years ago