What are two common reasons that project or specification changes must be made?
What will be an ideal response?
The need to make project changes or specification adjustments can come from one of several reasons. The design team may have made initial planning errors, either technological or human. As the project progresses, additional knowledge of the project or environmental conditions may come to light that affect the performance of the original design. An external entity may issue a mandate that affects original configuration or the client may request a new feature.
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Companies allocate the proceeds received form a lump-sum sale of securities based on the securiteis par values
a. true b. false
The static budget, at the beginning of the month, for Keats Company follows
Static budget: Sales volume: 2,100 units; Sales price: $52.00 per unit Variable costs: $12.00 per unit; Fixed costs: $26,000 per month Operating income: $58,000 Actual results, at the end of the month, follows: Actual results: Sales volume: 1,850 units; Sales price: $59.00 per unit Variable costs: $18.00 per unit; Fixed cost: $37,000 per month Operating income: $38,850 Calculate the sales volume variance for operating income. A) $9,150 U B) $250 F C) $10,000 U D) $10,000 F