Answer:
C. Return to the old allocation method, which produces a lower amount of estimated cost.
Explanation:
Base on the scenario been described in the question, after Harry's co implemented an activity base costing system, this is as a result of the ABC allocations, the cost of one of the company's products was determined to be above its current selling price, also, they can not increase price due to the competition it will better for them to return to the old allocation method, which produces a lower amount of estimated cost. That will be the best thing to do
Answer:
Explanation:
- Cycle time = Production time available / desired unit of output
= (6.5 hours X 60 minutes per hour) / 200 units of net per day
= 390 / 200 = 1.95 minutes per net
- Assembly-line efficiency = sum of the task times / (number of work stations X cycle time)
= 6.50 / (5 X 1.95) = 66.67%
- Total idle time = (number of work stations X cycle time) - sum of the task times
- = (5X1.95) - 6.50 = 9.75 - 6.50 = 3.25minutes
Answer: When a market price allocates resources, everyone who is able to pay the price gets the resource.
Explanation:
The market allocates prices to goods and services based on the scarcity of the said goods and services. This means that regardless of how scarce a good is, you can get it if you are willing to pay the price that it is being offered at.
For instance, if the price of tomatoes suddenly went up from $4 to $12 per pack, it means that tomatoes are now more scarce and not many people can afford it. If you can afford that $12 however, you will be able to get the tomatoes despite how scarce it is.
Answer:
HR managers can contribute by providing work organization and design that allow for an increase of output as well as quality
Explanation: