What Is the Total Project Budget in This Time-Phased Budget

question 45

Multiple Choice

What is the total project budget in this time-phased budget? $$\begin{array} { | l | l | l | l | l |} \hline \text { Activity } & \text { Jaruary } & \text { February } & \text { March } & \text { April } \\\hline \text { Survey } & 8,000 & & & \\\hline \text { Design } & 5,250 & 4,500 & & \\\hline \text { Pirt } & & 6,700 & & \\\hline \text { Foundation } & & 12,550 & & \\\hline \text { Frarning } & & & 37,250 & \\\hline \text { Plurnb } & & & 7,800 & \\\hline \text { Wire } & & & & 5,500 \\\hline\end{array}$$

• A)$85,450
• B)$87,550
• C)$82,050
• D)$86,550

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Definitions:

Old Equipment

Tangible assets previously used in operations, possibly obsolete or near the end of its useful life.

Segmented Income Statement

A financial report that separates a company's operations into divisions, regions, or other segments to analyze performance individually.

Fixed Expenses

Consistent costs that do not change in total over a short period, regardless of the level of production or sales.

Accumulated Depreciation

Accumulated depreciation represents the total amount of depreciation expense that has been recorded against a fixed asset over its useful life.