Answer:
The correct answer is letter "B": Integrated Program Management Report (IPMR).
Explanation:
The Integrated Program Management Report (<em>IPMR</em>) is a legally authorized report containing performance details extracted from the internal Earned Value Management System of the contractor. The IPMR provides an extract on the advance of the agreement including potential problems, costs, and change in schedules.
Answer:
Correct answer is A.
<u>$14.38 per direct labor-hour</u>
Explanation:
If the budgeted direct labor time for December is 8,000 hours, then total budgeted factory overhead per direct labor hour is (rounded):
Total budgeted factory overhead for December= Variable Factory Overhead rate per direct labor hour * budgeted direct labor time for December + Fixed Factory Overhead per month
Total budgeted factory overhead for December = 5*8000 + 75000
Total budgeted factory overhead for December = $ 115,000
Total budgeted factory overhead per direct labor hour = Total budgeted factory overhead for December/budgeted direct labor time for December
Total budgeted factory overhead per direct labor hour = 115000/8000
Total budgeted factory overhead per direct labor hour = 14.38
Answer:
3.020
Explanation:
Morrit Corporation
interest amount = $1,080,000*.11 = $118,800
Net profit = 3% *$6,000,000= $180,000
Net profit + tax = profit before tax =
180000/.75 = 240000
Profit before tax + Interest = Earning before interest and tax
= $240,000+$118,800 = $358,800
TIE ratio= EBIT/Interest = $358,800/118,800
= 3.020
Therefore the TIE ratio is 3.020
Answer:
. Inelastic demand, inelastic supply.
Explanation:
If demand is inelastic, a small change in price has little or no effect on the quantity demanded.
If supply is inelastic, a small change in price has little or no effect on the quantity supplied.
Government tax increases the cost of a good. If tax is levied on a good and both demand and supply are inelastic, government revenue would increase and be the highest when compared to the other options.
Demand is elastic when a change in price has a greater effect on the quantity demanded.
Supply is elastic if a small change in price has a greater effect on the quantity supplied.
If demand or supply is elastic and government imooses tax, revenue would fall as quantity demanded would fall.
I hope my answer helps you
