using the schedule from unit 3 assignment, estimate the cost for each activity.
Unit 3 Case Assignment (Wedding) – Baseline Schedule
of activities.
WBS # DESCRIPTION RESPONSIBLE Duration
1 Budget & Planning Tony 9 days
1.1 Create a Timeline Peggy Sue 2
1.2 Estimate Budget Tony 2
1.3 Evaluate Estimated Budget/Timeline & Actual Cost of Wedding
Tony 5
2 Guest List Peggy Sue 33 days
2.1 Determine Guest List Tony 7
2.2 Create & Mail “Save the Date” Peggy Sue 7
2.3 Send Invitations Peggy Sue 7
2.4 Collect Responses Tony 7
2.5 Finalize Seating Chart Peggy Sue 5
3 Bridal Peggy Sue 55 days
3.1 Determine Bridal Party Peggy Sue & Tony 15
3.2 Purchase Wedding Apparel Carmella 20
3.3 Plan Bridal Party Events Carmella 15
3.4 Purchase Marriage License Tony 5
4 Honeymoon Carmella 10 days
4.1 Confirm Destination & Dates Peggy Sue 5
4.2 Book Travel & Hotel Carmella 3
4.3 Confirm Booking & Payment Details Tony 2
5 Venue & Vendors Peggy Sue 53 days
5.1 Book Venue for Ceremony, Reception & Rehearsal Dinner Peggy
Sue 12
5.2 Select Vendors Tony 6
5.3 Select Officiant Mildred 5
5.4 Hire Photographer/Videographer Peggy Sue 5
5.6 Reserve Hotel Block Mildred 5
5.7 Hire Transportation Mildred 5
5.8 Finalize Catering Menu Tony 5
5.9 Finalize Ceremony, Reception & Rehearsal Dinner Set-up
Mildred 10
In: Accounting
Health Economics quiz
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Differentiate between near and far transfer. Provide a substantive example of each.
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Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:
| Fixed Cost per Month |
Cost per Car Washed |
||||||
| Cleaning supplies | $ | 0.80 | |||||
| Electricity | $ | 1,100 | $ | 0.10 | |||
| Maintenance | $ | 0.10 | |||||
| Wages and salaries | $ | 4,500 | $ | 0.30 | |||
| Depreciation | $ | 8,500 | |||||
| Rent | $ | 2,100 | |||||
| Administrative expenses | $ | 1,300 | $ | 0.04 | |||
For example, electricity costs are $1,100 per month plus $0.10 per car washed. The company expects to wash 8,100 cars in August and to collect an average of $5.90 per car washed. The company actually washed 8,200 cars in August.
Required:
Calculate the company's activity variances for August.
In: Accounting
Lavage Rapide is a Canadian company that owns and operates a large automatic car wash facility near Montreal. The following table provides data concerning the company’s costs:
| Fixed Cost per Month |
Cost per Car Washed |
||||||
| Cleaning supplies | $ | 0.60 | |||||
| Electricity | $ | 1,400 | $ | 0.05 | |||
| Maintenance | $ | 0.20 | |||||
| Wages and salaries | $ | 4,600 | $ | 0.40 | |||
| Depreciation | $ | 8,200 | |||||
| Rent | $ | 2,100 | |||||
| Administrative expenses | $ | 1,800 | $ | 0.04 | |||
For example, electricity costs are $1,400 per month plus $0.05 per car washed. The company expects to wash 8,200 cars in August and to collect an average of $6.90 per car washed. The company actually washed 8,300 cars in August.
Calculate the company's activity variances for August.
In: Accounting
Acme Development Company is considering building a twenty-five (25) unit apartment building near Catholic University due to the demand for off-campus student housing. Given the unique needs of the student population, Acme anticipates they will achieve 75% occupancy over the course of a year. Acme is basing their decision on the following assumptions:
MARR:15%
Land Acquisition:$150,000
Construction Cost:$2,250,000
Investment Period:20-years
Maintenance Expenses:Years 1 to 10: $500 per unit, Years 11 to 20: $1,000 per unit
Property Taxes/Insurance:10% of total invested cost
Determine the break-even rent that should be charged per month for
each apartment.
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