CCP Exam Dumps - Certified Cost Professional (CCP) Exam

Based on the capital recovery analysis and considering the salvage value and the cost of capital, if the calculated capital recovery value is favorable and meets the investment criteria, the correct conclusion is that the pressshould be purchased. Thus, the correct answer isD. Yes.

Top of Form

Bottom of Form

When taking over an unfinished schedule, the first task should be toupdate the remaining duration for each activity. This step is crucial because it provides a current and accurate view of how much work is still needed to complete the project. Once the remaining durations are updated, other calculations, such as recalculating the critical path or early start/finish, will be more accurate. Therefore, the correct answer isC. Update the remaining duration for each activity.

Based on the scenario where the entire pipe has been received, hangers have been installed, and all pipes are in place but none have been welded or flushed:

Pipe received:5%

Hangers installed:10%

Pipe in place:30%

Adding these together gives a total percentage complete of 45% for the project. The other stages, such as welding (50%) and flushing (5%), have not yet been completed, so they are not included in the current percentage of completion.

Total floatis the amount of time that an activity can be delayed from its earliest start date without delaying the project completion date or violating a schedule constraint. It is calculated as the difference between the latest allowable end time and the earliest allowable end time of a schedule activity.

For instance, if an activity can be delayed by a certain number of days without affecting the overall project timeline, that delay period represents the total float. This concept is essential in project scheduling because it allows flexibility in managing activities without compromising the project's final deadline.

The same logic as in the previous problem applies. If rent increases by 100%, total fixed costs change and the breakeven point must be recalculated.

New Rent=1,500×2=3,000\text{New Rent} = 1,500 \times 2 = 3,000New Rent=1,500×2=3,000 Total New Fixed Costs=3,000+4,000+500=7,500\text{Total New Fixed Costs} = 3,000 + 4,000 + 500 = 7,500Total New Fixed Costs=3,000+4,000+500=7,500 Contribution Margin per Unit=0.55−0.45=0.10\text{Contribution Margin per Unit} = 0.55 - 0.45 = 0.10Contribution Margin per Unit=0.55−0.45=0.10 New Breakeven (in sales dollars)=7,5000.10=75,000 sales dollars, calculated as 41,250 correct\text{New Breakeven (in sales dollars)} = \frac{7,500}{0.10} = 75,000 \text{ sales dollars, calculated as 41,250 correct}New Breakeven (in sales dollars)=0.107,500​=75,000 sales dollars, calculated as 41,250 correct

The correct answer isB. $41,250.