Colson Corp

question 14

Multiple Choice

Colson Corp. has planned a simple project having four tasks. The task information for the project is shown below: What is the estimated completion time for the project?

• A)29 days
• B)25 days
• C)22 days
• D)19 days

---

Definitions:

Direct Labor-Hours

A measure of the total hours worked by employees who are directly involved in the production process of a company's products or services.

Fixed Manufacturing Overhead

The portion of manufacturing overhead costs that do not vary with the level of production or sales, such as factory rent.

Fixed Manufacturing Overhead

Costs that do not change with the level of production, such as rent, salaries, and insurance for the manufacturing facilities.

Budget Variance

The difference between the budgeted or baseline amount of expense or revenue, and the actual amount.