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The normal cost for an activity is $7,000 and the crash cost is $12,000. The normal time to complete this activity is 8 days and crash time is 4 days. If this activity is crashed by 2 days it will cost an additional:
Depreciable Cost
Depreciable cost is the cost of a fixed asset minus its salvage value, over which the asset's cost can be depreciated over its useful life.
Partial Year
A term referring to a portion of a year, often used in the context of accounting and financial analysis for periods less than 12 months.
Gain or Loss
The financial result from selling an asset for more (gain) or less (loss) than its carrying amount on the books.
Disposal
The process of getting rid of an asset, including selling, scrapping, or another method of removal from the company's possession.
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