Appropriate budget requests for project

Assignment Help Cost Accounting
Reference no: EM13170136

1)  As the lead service for the Joint Armored Wheeled System (JAWS), the Marine Corps used RDT&E, Navy funds to develop the system. JAWS is currently in production and several hundred units have already been fielded. The Marine Corps purchased its units with the Marine Corps Procurement appropriation, while the Army purchased its units with its Weapons and Tracked Combat Vehicle Procurement, Army (W&TCV Procurement, Army) appropriation. A product improvement effort is underway to improve the reliability of JAWS. The fabrication and installation of the modification kits required to incorporate this product improvement into fielded JAWS should be funded with:

Marine Corps Procurement and W&TCV Procurement, Army

 Marine Corps Procurement only

Research, Development, Test & Evaluation, Navy

Other Procurement, Navy

2)  Your program has an RDT&E-funded project scheduled to start in November 2011 which is expected to take 12 months to complete. The project is expected to cost a total of $12 million (then-year dollars), with cost expected to be incurred at a rate of $1 million per month. Which two of the following are appropriate budget requests for this project? (Select all that apply)

$ 12 million for FY11 and $ 0 million for FY12

$ 11 million for FY12 and $ 1 million for FY13

$ 12 million for FY12 and $ 0 million for FY13

$ 11 million for FY11 and $ 1 million for FY12

Reference no: EM13170136

Questions Cloud

Calculate the atomic mass of copper : copper has two isotopes:cu-63 (abundance= 69.2%, mass= 62.930 amu) and cu-65 (abundance= 30.8% mass= 64.428 amu). calculate the (average) atomic mass of copper.
Why does hydrolysis not take place during the nitration : If p-nitroacetanilide is hydrolysed in acidic solution, why does hydrolysis not take place during the nitration with HNO3 and H2SO4.
About unemployment during the new deal : What did Grover Cleveland believe that the government’s economic policy should be?  Why did Langston Hughes’s white patron withdraw her support of him?  What was true about unemployment during the New Deal?
Which term best describes the mixture : The solubility of NaCl in water at 25 degrees Celsius is 38 g NaCl in 100 grams of water. A mixture was made using 33 g of NaCl and 100 g of waer at 25 degrees Celsius. Which term best describes the mixture?
Appropriate budget requests for project : A product improvement effort is underway to improve the reliability of JAWS. The fabrication and installation of the modification kits required to incorporate this product improvement into fielded JAWS should be funded with:
What is the change in s of the system for the process : Suppose that 155g of ethanol at 21 degrees Celcius is mixed with 240g of ethanol at 88 degrees Celcius at constant atmospheric pressure in a thermally insulated vessel. What is the change in S of the system for the process? The specific heat capac..
Original states and the west of the early nineteenth century : The most formidable natural barrier between the original states and "the West" of the early nineteenth century was _______________. The 44-inch muzzle-loading weapon that was the western pioneer's inseparable, inevitable companion was the __________..
What will be the equilibrium temperature inside container : A 2kg iron bar (c of iron is 440 J.kg .K) is heated to 80 Celsius. The bar is dipped in 5kg of water at 20 Celsius in a heat insulated container. What will be the equilibrium temperature inside the container?
What is the volume % of so2 in the original air sample : The excess I2(aq) left over from the above reaction was titrated with 11.37 mL of 0.0105 M thiosulfate (S2O32-) as follows: I2(aq) + 2S2O32-(aq) → 2I1-(aq) + S4O62-(aq)

Reviews

Write a Review

Cost Accounting Questions & Answers

  Evaluate the standard price per pound

The materials price variance was $80,000 favorable. Evaluate the standard price per pound?

  Statement of cash flows

As an operating tool, cash flow statement gives information about cash generated from operating activities and explanations for the difference between cash from operations and net profit.

  What are estate tax consequences of these transactions

Shortly thereafter, Bob sells the residence, liquidates the trust, and distributes the proceeds to the beneficiaries. Evaluate what are the estate tax consequences of these transactions to June?

  Create journal entries for company abc

These dividends are paid on 7/1/12. For period of 1/1/12 to 12/31/12 Company XYZ has a net loss of $600,000 and market price of its shares is $12 for each share.

  Internal control system over cash admission fees

Check any weaknesses in the existing internal control system over cash admission fees.

  Estimate annual overhead and direct labour costs

Estimated annual overhead and direct labour costs for 2013 are $150,000 and $200,000 respectively and estimated additional costs to be incurred to produce 10,000 units of ukulele Strings made from a special material $ 20,000

  Machine would reduce cash operating costs

The machine would reduce cash operating costs by $114,000 per year. The machine could have no salvage value.

  Create journal entries to record the issuance

Create journal entries to record the issuance of 100,000 shares of common stock at $20 per share for each of the subsequent independent cases

  Calculate the return on average total equity

Calculate the return on average total equity for the fiscal years ending January and consolidated statement of earnings and the balance sheet of Home Depot, Inc and Subsidiaries.

  Evaluate the maximum amount

Evaluate the maximum amount the company could be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 30,000 units need each year?

  Record the adjustment for uncollectible accounts

Record the adjustment for uncollectible accounts on 31 st December, 2012 -  Record the adjustment for uncollectible accounts.

  Prepare a sales and production budget

Prepare a sales and production budget for January, February, and March, and prepare a cash receipts schedule for sales and a cash payments schedule for material purchased.

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