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7 8 9 10 1 2 3 6 4 5 As an expert of AIS, use the attached table to describe each of the following transactions of XYZ manufacturing Company: 1- Obtain a bank loan. 2-Pay for raw materials. 3- Pay Production incentive to factory workers. 4- Sell finish goods. 5- Pay for electricity bills. 6- Receipt of Finished Goods from Production Department. 7- Collect payment on customer accounts. 8- Record factory workers timecards. 9- Pay loan installment. 10- Issue of Materials from stores to meet the requirements of the production/operations department Give Get Give Get Give cash labor labor cash Raw Give finished materials materials goods Get Raw Get Transaction finished Cycle goods 8(.5 Mark) Project Name: Office Building Construction Project Sponsor: Alex WBS Progress WBS Tesk Complete 12 80% % Cost Spent 67% Estimate At Completion: 150,000 Variance At Completion: 50,000 Performance Report Client: Alex Project Manager: Tom Performance Details Work Performance Data Earned Value 40,000 Planned Actual Cost Value 50,000 Project Performance Observation: The project is behind the schedule and over budget. 60,000 Date: 04/22/2022 Prepared By: Tom Cost Performance Cost Cost Variance Performance Index 0.67 Estimate To Complete: 90,000 To Complete Performance Index: 0.67 -20,000 Please check the above report and answer the following questions A- Is the above report a discretionary or mandatory report? (.25 mark) Schedule Performance Schedule Variance Schedule Performance Index 0.8 Budget At Completion: 100,000 B-How much was the planned cost of WBS Task? (.25 Mark) Show your work -10,000 7 8 9 10 1 2 3 6 4 5 As an expert of AIS, use the attached table to describe each of the following transactions of XYZ manufacturing Company: 1- Obtain a bank loan. 2-Pay for raw materials. 3- Pay Production incentive to factory workers. 4- Sell finish goods. 5- Pay for electricity bills. 6- Receipt of Finished Goods from Production Department. 7- Collect payment on customer accounts. 8- Record factory workers timecards. 9- Pay loan installment. 10- Issue of Materials from stores to meet the requirements of the production/operations department Give Get Give Get Give cash labor labor cash Raw Give finished materials materials goods Get Raw Get Transaction finished Cycle goods 8(.5 Mark) Project Name: Office Building Construction Project Sponsor: Alex WBS Progress WBS Tesk Complete 12 80% % Cost Spent 67% Estimate At Completion: 150,000 Variance At Completion: 50,000 Performance Report Client: Alex Project Manager: Tom Performance Details Work Performance Data Earned Value 40,000 Planned Actual Cost Value 50,000 Project Performance Observation: The project is behind the schedule and over budget. 60,000 Date: 04/22/2022 Prepared By: Tom Cost Performance Cost Cost Variance Performance Index 0.67 Estimate To Complete: 90,000 To Complete Performance Index: 0.67 -20,000 Please check the above report and answer the following questions A- Is the above report a discretionary or mandatory report? (.25 mark) Schedule Performance Schedule Variance Schedule Performance Index 0.8 Budget At Completion: 100,000 B-How much was the planned cost of WBS Task? (.25 Mark) Show your work -10,000
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Answer Sure lets break it down further A The distinction between discretionary and mandatory reports ... View the full answer
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