User Account

All Pages

Budgeting data elements associated to resources

Assignment Help Business Management
Reference no: EM132790482

Question 1. What is a resource and what are the classical kinds of resources? How are resources measured? Why is it not possible to summarize resources based upon their specific unit of measure? Why is it possible to summarize cost at any level of the WBS/OBS matrix? Why are resources time-phased? (Chapter 8 and Lecture) Make sure you have an example.

Question 2. What are the basic budgeting data elements associated to resources and cost with a definition? Why is a resource said to be a cost driver? Provide a definition for their meaning when budgeting resource and cost? Use the example from DQ 1 and continue it here creating your own data for a budgeting only exercise. (Chapter 8 and 9)

Question 3. What is a burden rate? What is a direct rate? What are the most common burden rates? What does it mean when a burden rate is empirical? Provide the fully burden rate for a labor resource at an hourly rate of 43.25 given a Direct labor overhead rate of 80%, general and Administrative Rate of 15%, Profit Rate of 25% and a Fee rate of 3%? What is the multiplying Factor? Make sure you define all terms and provide all calculations.

Reference no: EM132790482

Questions Cloud

Rescued airlines plan on firing employees anyway : The Coronavirus pandemic has taken a devastating toll on U.S. airlines. Passenger traffic was down over 90 percent as of May 2020, with a measly average
Electronic media can be used to satisfy requirement : Electronic media can be used to satisfy this requirement. I will further discuss assignment submission requirements in the class.
Analyze the individual experiences by applying theory : Analyze the individual's experiences by applying theory. Provide a chronological history of the individual's major life experiences.
Prepare the correcting entry for the situations : A company that uses a perpetual inventory system made $110,000 worth of purchases throughout 2017. Prepare the correcting entry for the situations
Budgeting data elements associated to resources : What are the basic budgeting data elements associated to resources and cost with a definition? Why is a resource said to be a cost driver?
What determines the success and failure of companies : What determines the success and failure of companies? This is indeed the central question in strategic management.
Determine the total interest charges under each plan : ABC Corp. requires $500,000 in financing over the new three years. Determine the total interest charges under each plan
Evaluate your leadership skills and qualities : Earlier in the course, you were asked to informally evaluate your leadership skills and qualities. In this Final Project, you use formal assessment tools.
What impact the trends may have on the field of addiction : What impact trends may have on the field of addiction treatment and social change. Provide a brief description of two current and two future trends

Reviews

Write a Review

Business Management Questions & Answers

  Organization vision and philosophical statements play

What part of quality assurance do the organization's vision and philosophical statements play?

  Network of physical devices

Internet of Things (IoT) means network of physical devices, vehicles, home appliances and other items embedded with electronics, software

  Changes in health insurance policy

Analyze three (3) changes in health insurance policy that will affect consumers within the next two years. Predict the impact these changes will have on both the consumer and the provider with two (2) examples for each group.

  Describe the implications of a major stockholder

Describe what Nubrio should have done when asked to perform a questionable task with a vendor that had not gone through the company's strict accreditation process for vendors

  Which of the three forms of overconfidence

Suppose that you and your friend get into an argument about which is the longest river in the world. Your friend insists that it is the Mississippi-Missouri, and ends up betting you a round of drinks. Sure enough, you look it up, and your friend is w..

  Questions that focus on public service

questions that focus on public serviceAnswer the following questions that focus on public service, public service-motivation, WEIMS.

  Identify the factors which contribute towards environmental

Identify the factors which contribute towards environmental damage and explain how these can be minimised by organisations

  Trade-offs implied by the triple constraint discussed

How does EVM operationalize or put in to practice the management of trade-offs implied by the triple constraint discussed? Does it allow a balanced appraisal of all three parameters? Why or why not?

  What the organization believes the employee

Is it appropriate to pay an employee for what the organization believes the employee is capable of doing versus what they are doing?

  What was initialethical dilemma faced by decision-maker

Describe the facts you feel underpinned the ‘McKinstry Advertising Agency' case. What was the initialethical dilemma faced by the decision-maker in this case?

  How are employee performance appraisals

HOW are Employee performance appraisals a form of control.

  Jackson corporation bonds

Jackson Corporation's bonds have 8 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 5.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd