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nevsk [136]
3 years ago
8

Performance management differs from performance appraisal in that performance management _____.

Business
1 answer:
AysviL [449]3 years ago
3 0
Performance management differs from performance appraisal in that performance management describes the activities an organization does to improve their employee performance. Performance appraisal is the specific evolution a company will perform on their employees to see in what aspects of the employees job they perform effectively or ineffectively.

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Kunkel Company makes two products and uses a conventional costing system. A single plantwide predetermined overhead rate is comp
Ilia_Sergeevich [38]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the predetermined overhead rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Total number of direct labor hours= (1,000*2) + (2,000*7)= 16,000

Predetermined manufacturing overhead rate= 1,200,000 / 16,000

Predetermined manufacturing overhead rate= $75 per direct labor hour

<u>Now, we allocate overhead to each unit and calculate the unitary cost:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Mercon:

Allocated MOH= 75*2= $150

Unitary cost= 150 + 8 + 10= $168

Wurcon:

Allocated MOH= 75*7= $525

Unitary cost= 525 + 6 + 11= $542

<u>Finally, using activity-based costing:</u>

Mercon Wurcon Total

Engineering design time (in hours) 1,000 1,000 2,000

Direct labor-hours 2,000 14,000 16,000

Engineering= 600,000 / 2,000= $300 per design hour

Direct labor= 600,000 / 16,000= $37.5 per direct labor hour

Mercon:

Allocated MOH= 37.5*2 + 300*1= $375

Unitary cost= 375 + 8 + 10= $393

Wurcon:

Allocated MOH= 37.5*7 + 300*0.5= $412.5

Unitary cost= 412.5 + 6 + 11= $429.5

3 0
3 years ago
List two reasons why someone looking at a career in the Energy cluster might want to focus on new technology, such as energy-eff
-BARSIC- [3]

Answer:

Following are the two reasons for why someone looking at a career in the Energy cluster might want to focus on new technology, such as energy-efficient products or sustainable energy;

  1. Energy efficient technologies are now found in most energy conversion chains. For example from production of primary energy resources to power generations.
  2. Technology helps to improve the conversion of energy better. For example the conversion of wasted energy released in the form of heat.

Following are the two examples of careers that may work with these new energy technologies;

  1. A career in renewable energies which use high end technologies.
  2. A career in generating energy from natural resources like the solar energy from the sun.
7 0
4 years ago
Organizations exchange information internally and externally. External messages go to customers, vendors, the government, and ot
Karo-lina-s [1.5K]

Answer:

<u>1. persuasive:</u> a. Sales pitches, requests for favors

<u>2. positive:</u> b. Replies, goodwill messages, direct claims

<u>3. negative:</u><u> </u>c. Bad news, refusals

Explanation:

a) A persuasive speech is one whose goal is to convince someone of something, so it is correct to say that in an organizational message where there are sales speeches and requests for favors, there is a need for a persuasive speech, whose message seeks to convince the sender of the benefits of make a sale for example.

b) A positive speech is one whose intention is to motivate, give praise, offer positive feedback, etc. Therefore, in responses, messages of goodwill, direct claims, positive speech will help in better understanding of the sender and in the positive positioning of the company.

c) A negative discourse occurs when there is bad news to be shared, it is necessary that this message is written in a soft way, with damping words and indirectly, because this way the acceptability can be greater.

5 0
3 years ago
During December of Year 1, Nile Co. incurred special insurance costs but did not record these costs until payment was made durin
o-na [289]

Answer:

The omission of this entry understated accrued liabilites. given that the related inventory was sold in year 1, it aslo overstated net income and retained earnings by understating cost of goods sold,  the same effects would occur if the insurance costs were chargeable to expense as a period cost

Explanation:

Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.

4 0
3 years ago
Which technique is used to improve customer relationship management (CRM) systems by identifying, storing, and disseminating fac
alexira [117]

Knowledge management is the technique that is used to improve customer relationship by storing and disseminating facts.

Knowledge management can be described as the use of different techniques to create and share knowledge in an organization.

It is a multiple approach way that organizations use to attain their objectives through the best use of knowledge.

It is very important to the organization because it helps to:

  • Increase efficiency
  • Raise productivity
  • Keep critical information in  the organization.

Read more on customer relationship management: brainly.com/question/25656282?referrer=searchResults

8 0
3 years ago
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