Use the information in the table (all times are in days) to determine the lowest extra cost for an 18-day project if the base cost for each activity finished in normal time is $1,000
Activity Normal Time Minimum Time Crash Cost ($/day) Predecessor
A 10 6 $70 --
B 6 3 $40 --
C 2 2 -- B
D 4 2 $60 C
E 6 4 $80 A
F 8 5 $90 D, E
A) $400
B) $420
C) $440
D) $460
D
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Which one of the following is not a type of concurrent ownership?
a. joint tenancy b. tenancy in common c. community property d. severalty
At the beginning of the year, the Prepaid Insurance account had a $1,200 balance which represented an insurance policy that will expire in two years. On July 1, a 3-year, $1,800 policy on a newly constructed building was purchased. The December 31 year-end, adjusting entry will be:
a. Insurance Expense, debit, $3,000; Prepaid Insurance, credit, $3,000. b. Insurance Expense, debit, $1,200; Prepaid Insurance, credit, $1,200. c. Insurance Expense, debit, $1,000; Prepaid Insurance, credit, $1,000. d. Insurance Expense, debit, $ 900; Prepaid Insurance, credit, $900. e. none of the above.