Business, 03.07.2020 18:01 ptanner706
Night Tran Construction Company specializes in building small power plants, mostly for utility companies. The company was awarded a contract approximately two years ago to build such a power plant. The contract stated a project duration of three years, after which a 1 percent penalty would be invoked for each additional month of construction. Project records indicate the utility plan is only 50 percent completed and is encountering continuing problems. The owner of Night Tran Company, concerned over the potential losses, investigated the project and found the following: There was an excessive number of engineering design changes; there was a high work rejection rate; and the project was generally understaffed. As a result, she directed the project manager to develop a better system of project control and present this method to the board members in one week. Required:If you were the project manager, what characteristics would you be looking for in the new control system? Will a new control system be adequate for the problem? Will it control scope creep? Explain.
Answers: 2
Other questions on the subject: Business
Business, 22.06.2019 10:30, volleyballfun24
Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u. s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u. s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u. s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u. s. gaap balances to ifrs.
Answers: 1
Business, 22.06.2019 22:00, tydukes10
"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."
Answers: 1
Business, 22.06.2019 22:00, lionscoachjose
Most economists report the elasticity of demand asa. the absolute value of the actual number. b. a negative number, since price and quantity demanded move in opposite directions. c. a percentage, since both the numerator and denominator are percentages. d. a dollar amount, since we are measuring the change in price.
Answers: 2
You know the right answer?
Night Tran Construction Company specializes in building small power plants, mostly for utility compa...
Questions in other subjects:
Mathematics, 26.04.2020 03:48
Mathematics, 26.04.2020 03:49
