Week 6 to Week 9
7/17/2020 Originality Report
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SafeAssign Originality Report Summer 2020 - Initiating the Project (BADM-634-21) - Full Term • Problem Set #10
%100Total Score: High riskDeepa Narayana Navalkar Submission UUID: fb79e5e5-a542-08fb-727a-2c9382eb6a2a
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100 % Problem set 10 Deepa.docx
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07/09/20 11:44 AM EDT
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Word Count: 880 Problem set 10 Deepa.docx
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1 Student paper 2 My paper
TYPES OF COSTS EXERCISE
Instructions: This exercise will provide you the opportunity to provide an analysis of types of costs within the Week 2 Business Case project you selected. Again,
copy and paste your Business Case below.
Next, you will fill in each of the sections in the table below. For each cell provide a 1) brief definition of the type of cost, 2) identify a specific resource cost within your project that fits this type of cost and then 3) explain why this cost fits the definition.
Business Case:
News source (APA reference): Jeff Kiger, (2020). A new fitness center is on the way for Northwester Rochester. Retrieved from
https://www.postbulletin.com/business/small-business/6520787-A-new-fitness-center-is-on-the-way-for-Northwest-Rochester
Web address: https://www.postbulletin.com/business/small-business/6520787-A-new-fitness-center-is-on-the-way-for-Northwest-Rochester.
City: Rochester
Elevator Pitch - the anytime fitness workout studio is planning to put up a fitness center and you 7360 square foot building on open land at 4181 space 31st Ave
behind an O’Reilly auto parts Store and across 31st Ave from Mayo clinic’s 41st street campus later in the year. the project is geared at providing a 24 hour exercising center where members can access weights and cardio machines to improve their general health. The fitness workout studio will offer residence of Rochester an opportunity to work out anytime of the day. The residents will be expected to subscribe for a membership to benefit from the center once its construction is complete.
Fixed: 1. This is the cost which doesn’t change with the change in the amount of goods produced
2. Insurance Cost
3. Insurance cost doesn’t change even if the production increases or decreases hence fitting into the definition
Variable: 1. This is the costs which tend to vary with the output level
2. Raw material cost
3. The raw material costs normally do change with the magnitude of the work done, hence fitting into the definition.
Direct: 1. This is the cost which is tied to the putting up of the fitness center
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7/17/2020 Originality Report
https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReport/ultra?attemptId=a4386b5e-bd2a-4fae-86a6-a8a887fd72a… 2/7
Source Matches (42)
2. Direct Labor cost
3. Direct cost must be provided from the construction to proceed
Indirect: 1. This refers to the general administrative expenses of the fitness center building
2. Engineers and Architectural costs
3. The engineers as well as architectures are usually part of the management in overseeing the project, hence fitting into the indirect cost definition.
Recurring: 1. This is a cost that is documented in the project records that is regularly occurring. 2. Monthly subscription costs
3. The monthly subscription costs needs to made in a recurring manner hence fitting into the definition
Nonrecurring: 1. This is an expense or loss which is not likely to take place again. 2. Lawsuit payments
3. Lawsuit usually takes place ones for a while hence nonrecurring
Regular: 1. This is that cost or expense which tend to occur on a regular basis
2. Monthly savings
3. Monthly savings costs will tend to be done on a regular basis hence fitting in the definition
Expedited: 1. This is a cost that has got the probability of occurring over the existing cost
2. Compensation cost
3. The compensation cost doesn’t arise more often but with probability.
Internal: 1. This is the cost that is required to buy or manufacture an item. 2. Material Cost
3. Materials are required in the purchase of items that are supposed to be used in the construction of buildings
External: 1. This is the cost that is incurred as a result of economic transaction that the project isn’t directly involved in. 2. Fuel Cost
3. The fuel cost is the one made but without the knowledge of the individual making the payment
Lease: 1. This is a brokerage commissions in the fitness building center project
2. Direct payment costs
3. Direct payment costs are usually treated as commissions hence fitting in the definition
Purchase: 1. This is the cost representing the commissions paid on an investment
2. Land purchase cost
3. Land purchase cost is in the category of purchase cost.
Labor: 1. This refers to the sum of all wages paid to employees
2. Production supervisor cost
3. The production supervisors are under labor in the project, hence it fits in the definition
Material: 1. This is the cost of materials that will be used in the construction of the fitness center
2. Raw materials cost
3. The raw materials cost fits the definition since the raw materials must be bought to accomplish the construction task
Estimate: 1. This refers to the approximate cost of running the whole construction of the fitness center. 2. Budget estimate cost
3. It fits the definition since always any budget is just an estimate of the real cost
Reserve: 1. This is the minimum price that the seller is actually willing to sell a product. 2. Physical fitness subscription cost
3. It fits the definition since it’s placed by the fitness center operator who behaves as a seller
Reference:
Jeff Kiger, (2020). A new fitness center is on the way for Northwester Rochester. Retrieved from https://www.postbulletin.com/business/small-business/6520787-
A-new-fitness-center-is-on-the-way-for-Northwest-Rochester.
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7/17/2020 Originality Report
https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReport/ultra?attemptId=a4386b5e-bd2a-4fae-86a6-a8a887fd72a… 3/7
Student paper 100%
Student paper 100%
My paper 100%
My paper 100%
My paper 100%
Student paper 90%
1
Student paper
TYPES OF COSTS EXERCISE
Original source
TYPES OF COSTS EXERCISE
1
Student paper
This exercise will provide you the opportunity to provide an analysis of types of costs within the Week 2 Business Case project you selected. Again, copy and paste your Business Case below. Next, you will fill in each of the sections in the table below. For each cell provide a 1) brief definition of the type of cost, 2) identify a specific resource cost within your project that fits this type of cost and then 3) explain why this cost fits the definition.
Original source
This exercise will provide you the opportunity to provide an analysis of types of costs within the Week 2 Business Case project you selected Again, copy and paste your Business Case below Next, you will fill in each of the sections in the table below For each cell, provide a 1) brief definition of the type of cost, 2) identify a specific resource cost within your project that fits this type of cost and then 3) explain why this cost fits the definition
2
Student paper
News source (APA reference): Jeff Kiger, (2020). A new fitness center is on the way for Northwester Rochester. Retrieved from https://www.postbulletin.com/business/s mall-business/6520787-A-new-fitness- center-is-on-the-way-for-Northwest- Rochester
Original source
News source (APA reference) Jeff Kiger, (2020) A new fitness center is on the way for Northwester Rochester Retrieved from https://www.postbulletin.com/business/s mall-business/6520787-A-new-fitness- center-is-on-the-way-for-Northwest- Rochester
2
Student paper
https://www.postbulletin.com/business/s mall-business/6520787-A-new-fitness- center-is-on-the-way-for-Northwest- Rochester.
Original source
https://www.postbulletin.com/business/s mall-business/6520787-A-new-fitness- center-is-on-the-way-for-Northwest- Rochester
2
Student paper
Elevator Pitch - the anytime fitness workout studio is planning to put up a fitness center and you 7360 square foot building on open land at 4181 space 31st Ave behind an O’Reilly auto parts Store and across 31st Ave from Mayo clinic’s 41st street campus later in the year. the project is geared at providing a 24 hour exercising center where members can access weights and cardio machines to improve their general health. The fitness workout studio will offer residence of Rochester an opportunity to work out anytime of the day. The residents will be expected to subscribe for a membership to benefit from the center once its construction is complete.
Original source
Elevator Pitch - the anytime fitness workout studio is planning to put up a fitness center and you 7360 square foot building on open land at 4181 space 31st Ave behind an O’Reilly auto parts Store and across 31st Ave from Mayo clinic’s 41st street campus later in the year the project is geared at providing a 24 hour exercising center where members can access weights and cardio machines to improve their general health The fitness workout studio will offer residence of Rochester an opportunity to work out anytime of the day The residents will be expected to subscribe for a membership to benefit from the center once its construction is complete
1
Student paper
This is the cost which doesn’t change with the change in the amount of goods produced
Original source
This is the cost which doesn't change with the change in the number of goods produced
7/17/2020 Originality Report
https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReport/ultra?attemptId=a4386b5e-bd2a-4fae-86a6-a8a887fd72a… 4/7
Student paper 92%
Student paper 100%
Student paper 100%
Student paper 93%
Student paper 100%
Student paper 72%
Student paper 100%
Student paper 93%
Student paper 95%
Student paper 100%
1
Student paper
Insurance cost doesn’t change even if the production increases or decreases hence fitting into the definition
Original source
Insurance cost doesn't vary even if the production increases or decreases hence fitting into the definition
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Student paper
This is the costs which tend to vary with the output level
Original source
This is the costs which tend to vary with the output level
1
Student paper
Raw material cost
Original source
Raw material cost
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Student paper
The raw material costs normally do change with the magnitude of the work done, hence fitting into the definition.
Original source
The raw material costs usually do change with the magnitude of the work done, hence fitting into the definition
1
Student paper
Direct Labor cost
Original source
Direct Labor cost
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Student paper
Direct cost must be provided from the construction to proceed
Original source
The immediate price must be provided from the construction to proceed
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Engineers and Architectural costs
Original source
Engineers and Architectural costs
1
Student paper
The engineers as well as architectures are usually part of the management in overseeing the project, hence fitting into the indirect cost definition.
Original source
The engineers and architectures are usually part of the management in overseeing the project, hence fitting into the indirect cost definition
1
Student paper
This is a cost that is documented in the project records that is regularly occurring.
Original source
This is a cost that is documented in the project records that are regularly occurring
1
Student paper
Monthly subscription costs
Original source
Monthly subscription costs
7/17/2020 Originality Report
https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReport/ultra?attemptId=a4386b5e-bd2a-4fae-86a6-a8a887fd72a… 5/7
Student paper 86%
Student paper 84%
Student paper 100%
Student paper 77%
Student paper 84%
Student paper 100%
Student paper 85%
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Student paper 94%
Student paper 100%
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Student paper
The monthly subscription costs needs to made in a recurring manner hence fitting into the definition
Original source
The monthly subscription costs need to make in a recurring manner hence fitting into the definition
1
Student paper
This is an expense or loss which is not likely to take place again.
Original source
This is an expense or loss which is not likely to retake the place
1
Student paper
Lawsuit usually takes place ones for a while hence nonrecurring
Original source
Lawsuit usually takes place ones for a while hence nonrecurring
1
Student paper
This is that cost or expense which tend to occur on a regular basis
Original source
This is that cost or expense which tend to occur daily
1
Student paper
Monthly savings costs will tend to be done on a regular basis hence fitting in the definition
Original source
Monthly savings costs will tend to be done daily hence fitting in the definition
1
Student paper
This is a cost that has got the probability of occurring over the existing cost
Original source
This is a cost that has got the probability of occurring over the existing cost
1
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The compensation cost doesn’t arise more often but with probability.
Original source
The compensation cost doesn't arise more often but with likelihood
1
Student paper
This is the cost that is required to buy or manufacture an item.
Original source
This is the cost that is required to buy or manufacture an item
1
Student paper
This is the cost that is incurred as a result of economic transaction that the project isn’t directly involved in.
Original source
This is the cost incurred as a result of an economic transaction that the project isn't directly involved in
1
Student paper
The fuel cost is the one made but without the knowledge of the individual making the payment
Original source
The fuel cost is the one made but without the knowledge of the individual making the payment
7/17/2020 Originality Report
https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReport/ultra?attemptId=a4386b5e-bd2a-4fae-86a6-a8a887fd72a… 6/7
Student paper 85%
Student paper 100%
Student paper 100%
Student paper 100%
Student paper 100%
Student paper 100%
Student paper 100%
Student paper 100%
Student paper 100%
Student paper 100%
Student paper 100%
Student paper 100%
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Student paper
This is a brokerage commissions in the fitness building center project
Original source
This is a brokerage commission in the fitness building center project
1
Student paper
Direct payment costs
Original source
Direct payment costs
1
Student paper
Direct payment costs are usually treated as commissions hence fitting in the definition
Original source
Direct payment costs are usually treated as commissions hence fitting in the definition
1
Student paper
This is the cost representing the commissions paid on an investment
Original source
This is the cost representing the commissions paid on an investment
1
Student paper
Land purchase cost
Original source
Land purchase cost
1
Student paper
Land purchase cost is in the category of purchase cost.
Original source
Land purchase cost is in the category of the purchase cost
1
Student paper
This refers to the sum of all wages paid to employees
Original source
This refers to the sum of all wages paid to employees
1
Student paper
Production supervisor cost
Original source
Production supervisor cost
1
Student paper
Raw materials cost
Original source
Raw materials cost
1
Student paper
The raw materials cost fits the definition since the raw materials must be bought to accomplish the construction task
Original source
The raw materials cost fits the definition since the raw materials must be bought to accomplish the construction task
1
Student paper
Budget estimate cost
Original source
Budget estimate cost
1
Student paper
It fits the definition since always any budget is just an estimate of the real cost
Original source
It fits the definition since always any budget is just an estimate of the real cost
7/17/2020 Originality Report
https://ucumberlands.blackboard.com/webapps/mdb-sa-BB5a31b16bb2c48/originalityReport/ultra?attemptId=a4386b5e-bd2a-4fae-86a6-a8a887fd72a… 7/7
Student paper 95%
Student paper 100%
Student paper 100%
My paper 100%
1
Student paper
This is the minimum price that the seller is actually willing to sell a product.
Original source
This is the minimum price that the seller is willing to sell a product
1
Student paper
Physical fitness subscription cost
Original source
Physical fitness subscription cost
1
Student paper
It fits the definition since it’s placed by the fitness center operator who behaves as a seller
Original source
It fits the definition since it’s placed by the fitness center operator who behaves as a seller
2
Student paper
Jeff Kiger, (2020). A new fitness center is on the way for Northwester Rochester. Retrieved from https://www.postbulletin.com/business/s mall-business/6520787-A-new-fitness- center-is-on-the-way-for-Northwest- Rochester.
Original source
Jeff Kiger, (2020) A new fitness center is on the way for Northwester Rochester Retrieved from https://www.postbulletin.com/business/s mall-business/6520787-A-new-fitness- center-is-on-the-way-for-Northwest- Rochester