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neonofarm [45]
2 years ago
15

In managing production worker compensation and expenditures for best practice training, the overriding objective of company mana

gers should be to :__________ a) compensate production workers at levels that are close to the highest in the industry in each geographic region where its production facilities are located--this is because companies with the highest total annual compensation packages attract highly-motivated workers with the skills needed to achieve the highest levels of labor productivity. b) make sure its annual total compensation of production workers remains below the average annual total compensation paid by all companies in the regions where it has production facilities. c) pay an incentive per non-defective pair that results in the lowest feasible reject rate for branded pairs produced. d) achieve labor costs per pair produced that are at worst below the industry average and at best are very close to (or even equal to) the industry-low in each region where the company has production facilities. achieve the highest possible worker productivity (pairs produced per worker per year).
Business
1 answer:
vodka [1.7K]2 years ago
4 0

In managing production worker costs for training, the main aim of company managers should be to achieve the lowest possible labor costs per pair produced.

<h3>What does manufacturing worker training aim to achieve?</h3>

Production worker compensation and expenditures can be defined as the direct manufacturing labor costs connected with workers at a firm's plant who work directly to produce the goods the company is producing.

In limiting production worker compensation and expenditures for best practice training, the ultimate goal of company management should therefore be to d) achieve labor costs per pair produced that are at worst below the industry average and at best are very close to (or even equal to) the industry-low in each region where the company has production facilities.

Learn more about expenditures here: brainly.com/question/15871053.

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Suppose the government applies a specific tax to a good where the demand elasticity, E, is -1.4, and the supply elasticity, n, i
VMariaS [17]

Answer:

The correct answer is option D.

Explanation:

The demand elasticity is -1.4.

The supply elasticity is 1.2.

Since the demand is elastic, the imposition of tax will not be profitable for the government.

The imposition of tax will increase the price of the good, this will decrease the demand for good, thus the revenue will decrease.  

The tax incidence on consumers

= E (supply) / (E (demand)) + E (supply)  

= \frac{1.2}{1.2 - 1.4}

= \frac{1.2}{-0.2}

= -6

4 0
3 years ago
1) Acreditamos que a convergència tecnológica acabarà levando a
MakcuM [25]

Can’t understand you

Explanation:

3 0
3 years ago
He table below shows the number of male and female students enrolled in nursing at a particular university for a recent semester
Serga [27]
     ​(a) the probability that a randomly selected student is​ male, given that the student is a nursing major.

 total nursing Majors  (male+female)--------98+741=839

<span>Total males  nursing Majors ---------------------98</span>

 P=98/839=0.1168=11.68%

  (b) the probability that a randomly selected student is a nursing​ major, given that the student is male.

 total nursing Majors  (male+female)--------98+741=839

<span>Total males  --------------------------------------1151</span>

 P=98/1151=0.0851=8.51%

5 0
3 years ago
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses i
alekssr [168]

Answer:

The Gourmand Cooking School

1. Planning Budget for September:

                                         Fixed Cost  Cost per  Cost per  Planning

                                         per Month   Course    Student   Budget

Instructor wages                                $ 2,960                      $11,840

Classroom supplies                                              $ 270       16,740

Utilities                               $ 1,220        $ 75                          1,520

Campus rent                     $ 4,800                                         4,800

Insurance                          $ 2,300                                         2,300

Administrative expenses $ 3,900        $ 44           $ 7          4,510

Total                                                                                      $41,710

2) Flexible Budget for September:

                                         Fixed Cost  Cost per  Cost per  Flexible

                                         per Month   Course    Student   Budget

Instructor wages                                $ 2,960                      $11,840

Classroom supplies                                              $ 270        15,120

Utilities                               $ 1,220        $ 75                          1,520

Campus rent                     $ 4,800                                         4,800

Insurance                          $ 2,300                                         2,300

Administrative expenses $ 3,900        $ 44           $ 7         4,468

Total                                                                                   $40,048

3. The Revenue and Spending Variances for September (based on flexible budget):

                                        Planning  Flexible    Actual     Spending

                                        Budget    Budget                     Variance

Revenue                         $55,180 $46,280   $52,280    $6,000  F

Instructor wages             $11,840   $11,840     $11,120        $720  F

Classroom supplies         16,740     15,120      16,590        1,470  U

Utilities                               1,520      1,520         1,930           410  U

Campus rent                     4,800     4,800        4,800            0     None

Insurance                          2,300     2,300        2,440           140  U

Administrative expenses  4,510     4,468        3,936          532   F

Total                               $41,710 $40,048    $40,816        $768  U

Explanation:

a) Data and Calculations:

Sales price per student = $890

Planned number of courses = 4

Planned total number of students = 62

Actual number of courses ran = 4

Actual total number of students = 56

Data concerning the company’s cost formulas appear below:

                                         Fixed Cost  Cost per  Cost per

                                         per Month   Course    Student  

Instructor wages                                $ 2,960                  

Classroom supplies                                              $ 270  

Utilities                               $ 1,220        $ 75                      

Campus rent                     $ 4,800                                

Insurance                          $ 2,300                                    

Administrative expenses $ 3,900        $ 44           $ 7  

Actual Results:

Actual Revenue $ 52,280

Instructor wages $ 11,120

Classroom supplies $ 16,590

Utilities $ 1,930

Campus rent $ 4,800

Insurance $ 2,440

Administrative expenses $ 3,936                                                                        

4 0
3 years ago
The following materials standards have been established for a particular product:
GREYUIT [131]

Answer:

(i) $1,295 Favorable

(ii) $3,744 Unfavorable

Explanation:

Actual price = Actual cost of materials ÷ Actual materials purchased

                    = $43,105 ÷ 3,700

                    = $11.65

Materials price variance = Actual Quantity (Actual Price - Standard Price)

                                         = 3,700($11.65 - $12.00)

                                         = $1,295 Favorable

Standard Quantity = Actual output × Standard quantity per unit of output

                               = 560 × 4.8

                               = 2,688

Materials quantity variance:

= Standard Price (Actual Quantity - Standard Quantity)

= $12.00 (3,000 - 2,688)

= $3,744 Unfavorable

3 0
3 years ago
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