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2 years ago

Which reference source may be consulted to answer questions regarding the professional engineers act?

1 answer:

5 0

To answer questions regarding the professional engineers act, one must refer to The Professional Engineers Act and the Board Rules. The Professional Engineers Act and the Board Rules contain the laws, rules, and regulations regarding the practice of professional engineering. They can be used for take home examination.

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Glenville Company has the following information for April: Cost of direct materials used in production $280,000 Direct labor 324

ankoles [38]

Answer:

Part 1 . Determine the cost of goods manufactured

Direct materials $280,000

Direct labor $324,000

Factory overhead $188,900

Add Opening Stock of Work In Progress Inventory $72,300

Less Closing Stock of Work In Progress Inventory $76,800

Cost of Goods Manufactured $788,700

Therefore cost of goods manufactured is $788,700

Part 2 . Statement of Cost of Goods Manufactured

Opening Stock of Finished Goods Inventory 39,600

Add Cost of Goods Manufactured 788,700

Less Closing Stock of Finished Goods (41,200)

Cost of Goods Manufactured 787100

Explanation:

Part 1 . Determine the cost of goods manufactured

This is a calculation of all Overheads Incurred in the Manufacturing process

Part 2 . Statement of Cost of Goods Manufactured

It is Important to note that Glenville Company is in the Manufacturing Business and their Cost of Sales cost from cost of Finished Goods.This would be the statement available for external use

5 0

2 years ago

Jaime works as a Power Plant Manager. What are some tasks that he may be involved in?

babunello [35]

A .
designing systems, scheduling projects, and supervising workers

6 0

2 years ago

Read 2 more answers

The supply of product x is elastic if the price of x rises by

garri49 [273]

The answer to this question is 5% and the quantity supplied rises by 7%.
A product is considered as elastic if the change in prices will also affect the changes in total supply.
Usually, this type of products are not considered unique or rare and there are a lot of substitute for this product in the market

8 0

2 years ago

Risk management is a systematic process, and the correct order of the steps is:

zvonat [6]

Risk management is a systematic process where its objectives are to identify, to assess, and to control risks. These risks arise from operational factors and making decisions that maintains the balance between risk costs with the mission benefits. The correct steps are the following: First, the risk must be identified. This means that the team must first uncover, recognize and describe the risks that might possibly affect the project or its outcomes. Second, the risk will then be analyzed. It is in this step that the team must consider the consequences of each risk according to the nature of the risk. The potential to affect project goals will also be identified. Third, evaluation and ranking of risks will take place. The magnitude of the risks will be part in the decision-making whether they are acceptable or whether they are serious enough to warrant treatment. Fourth, the risk must be treated. This is also known as the Risk Response Planning. The highest ranked risks must be identified and plans must be made to treat or modify these so that the desirable risk levels will be attained. Lastly, the risks shall then be monitored and reviewed. In this way, all the uncertainties, unpleasant surprises and barriers will be fully monitored and if the team is determined, golden opportunities will instead be achieved.

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2 years ago

Read 2 more answers

Salaries due for the month of march will appear options on the receipt side of the cash book on the payment side of the cash boo

Serjik [45]

The correct answer that would best complete the given statement above would be the last option. Salaries due for the month of march will appear nowhere in the cash book. Hope this is the answer that you are looking for. Thanks for posting!

6 0

2 years ago