Write 'T' against a true statement and 'F' against a false one.

Using PERT, Adam Munson was able to determine that the expected project completion time for the construction of a pleasure yacht

bezimeni [28]

Answer:

The probability that the project will finish in 16 months is 0.7.

Explanation:

From the data the mean time is given as $\mu=15$

The variance is given as $\sigma^2=4\\$

So the standard deviation is $\sigma=2\\$

Now the X is given as 16 so

Calculating the z score as

$z=\dfrac{x-\mu}{\sigma}\\z=\dfrac{16-15}{2}\\z=\dfrac{1}{2}=0.5$

So for the z score of 0.5 the probability is given in Excel as

=NORMSDIST(0.5)

=0.69 ≈0.7

So the probability that the project will finish in 16 months is 0.7.

3 0

2 years ago

Read 2 more answers

Consumer A and Consumer B live in the same state where a sales taxes increase of 1% on all items has been enacted Consumer A has

mel-nik [20]

Customer A would be much worse off as a result of the sales rate increase than Customer B.

Customer B will face fewer negative opportunity costs as a result of the sales raising taxes than Consumer A.

Customer A sales tax rate rises of 2% on a $10,000 car buy equals 2% of Consumer A's income, but only 4% of Consumer B's revenue.

Learn more:

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8 0

1 year ago

Read 2 more answers

Morganton Company makes one product and it provided the following information to help prepare the master budget: The budgeted se

pishuonlain [190]

Answer:

Estimated cost of goods sold $ 3,964,800

Gross Margin $ 991,200

Explanation:

Estimated sales units and sales revenue

June 8,800 units

July 19,000 units

August 21,000 units

September 22,000 units

Total estimated sales 70,800 units

Sales price per unit $ 70

Total Sales Revenue $ 70 * 70,800 units = $ 4,956,000

Computation of cost of goods sold

Direct Material

5 pounds * 70,800 units * $ 2.40 per pound $ 849,600

Direct Labor

2 labor hours * 70,800 units * $ 12 per hour $ 1,699,200

Variable Manufacturing Overhead

$ 10 * 70,800 units * 2 labor hours $ 1,416,000

Cost of goods sold $3,964,800

Computation of gross margin

Sales Revenue $ 4,956,000

Cost of goods sold $ 3, 964,800

Gross Margin $ 991,200

3 0

2 years ago

For higher levels of management, responsibility accounting reports:

Yuri [45]

Answer:

Option A is correct one.

Are more summarised than for lower levels of management

Explanation:

For higher levels of management, responsibility accounting reports are more summarised than for lower levels of management.

It is a summarised report facilitating the higher levels of management in order to keep a track of performance of low level management.

5 0

2 years ago

Which interface allows remote management of a layer 2 switch?.

blsea [12.9K]

Answer:

The switch virtual interface

________________________________

Switch Virtual interface (SVI) A virtual port on multiplayer (layer 2 & 3) switch that routes traffic from VLANs to other VLANs (inter VLAN routing) a logical interface on a switch that is associated with one VLAN which may used to route between 2 + VLAN's connected to a switch without a router being present

7 0

1 year ago