Which are considered advantages of a good actuals costs

Assignment Help Accounting Basics
Reference no: EM132612710

Problem 1: Which of the following are considered advantages of a good actuals costs estimate (Select two)?

Option a) Obtaining Access to actual cost can be difficult

Option b) Actual Cost data is typically the most accurate cost engineering method when the data is available

Option c) this method cannot be used until the program has generated enough data to see performance and the production process stabilize

Option d) If we are part of the program office, we already know about the program history so we do not have to spend as much time researching or finding data

Reference no: EM132612710

Questions Cloud

Facultative anaerobes-psychrophilic aerobic microorganisms : How Facultative anaerobes and psychrophilic aerobic microorganisms occurs in chilled raw beef cuts?
Explain concepts of setup time and utilization time : Provide an overview of what a manufacturing process is and how it is organized. Explain the concepts of setup time, utilization time, production scheduling,
Importance of secondary invaders in food sources : List the importance of secondary invaders in food sources
Components to computer manufacturers worldwide : CMA rebounded and continued to manufacture and sell its components to computer manufacturers worldwide.
Which are considered advantages of a good actuals costs : Which are considered advantages of a good actuals costs estimate? Actual Cost data typically the most accurate cost engineering method when the data available.
Which of the choices represents the elected transfer price : Which one of the following choices represents the elected transfer price and the adjusted cost base of the preferred shares, respectively?
Microbial spoilage and chemical spoilage in food : What is the Difference between microbial spoilage and chemical spoilage in food.
Classification of microoranism : What is candida albicans and the classification of microoranism, cellular/structural characteristics, and the susceptibility of antibodies/antifungal.
Which amounts represents the taxable capital gain realized : Expenses of disposition were $1,000. Which one of the following amounts represents the taxable capital gain realized on the sale?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Revenue and expense recognition and closing entries

Two years ago, Sue Stern opened an audio book rental shop. Sue reports the following accounts on her income statement:

  What is human options mission

Did total gifts, contributions and grants increase or decrease? What was the main element of income that changed and by how much?

  Calculate retained earnings balance as february

Calculate Retained Earnings Balance as of February 28, 2013: On January 1, 2013, the balance of Retained Earnings account of Corporation was $630,000.  Revenues for February totaled $123,000, of which $115,000 was collected in cash

  For each reaction that you indicated as negative recommend

wright company employs a computer based data processing system for maintaining all company records. the current system

  What are your short-range goals

Create a cover letter and resume for yourself for a job you would like to have. Please do not include personal information.

  What amount of consolidated net income will be assigned

Based on the information given above, what amount of consolidated net income will be assigned to the controlling shareholders for 20X8?

  Find Cost of goods sold and Ending inventory

the company sold 4800 sewing machines at $190each. ABC Company follows Perpetual system. Find Cost of goods sold and Ending inventory

  What entry is made by the partnership for this transaction

Tracy Harper has a $39,000 capital balance in a partnership. She sells her interest to Kim Remington for $45,000 cash. What entry is made by the partnership for this transaction?

  Prepare the journal entry at the date of purchase

Question - Purchase of Computer with Zero-Interest-Bearing Debt, Prepare the journal entry(ies) at the date of purchase. (Round to two decimal places.)

  Determine the appropriate cash flow statement treatment

Determine the appropriate cash flow statement treatment for (1) classification, and (2) timing, if applicable, for the above transactions

  Revenue variance.

There is an unfavorable profit variance which means that the company earned less that it prepared for.Calculate and interpret the revenue variance.

  What is the adjusting entry required on december

Interest income has not been accrued to December 31, 2014. What is the adjusting entry required on December 31, 2014

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!

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