Answer:
$564.98
Explanation:
For computing the allocated amount of product H2, first we have to determine the overhead rate which is shown below:
Overhead rate = Total manufacturing overhead ÷ Total direct labor-hours
= $274,468 ÷ 3,692 direct labor hours
= $74.34 per hour rate
Now the overhead allocated amount would be
= Overhead rate × Direct labor hours per unit of product H2
= $74.34 × 7.6
= $564.98
Answer:
$6,000 incremental cost
Explanation:
Manufacturing the widgets in-house would be a more cost effective method than buying from Bowden Company.
Direct Costs relating to in-house manufacturing (of 100,000 units) are as follows:
Direct material = $31,000
Direct labour = $29,000
Manufacturing overhead directly related to the manufacture of the widgets: $16,000.
Therefore, total direct costs = $76,000.
Only the portion of manufacturing overhead directly affected by the widget production needs to be account for. This is because manufacturing overhead will be incurred irrespective of whether Mallory Company produces the widget or not. Therefore, manufacturing overhead is not an incremental cost incurred by the widget production, except for the portion directly affected.
Accordingly, producing in-house ($76,000 direct cost) is more cost effective that buying from Bowden Company ($82,000) by $6,000.
The incremental cost if the widgets are bought instead of made is therefore $6,000.
Answer:
D. base an employee's salary on the number of task skills he or she possesses.
Explanation:
Pay for knowledge programme as the name implies, is when an employer renumerate an employee for learning or developing new skills/task on the job.
If an employee develop new skills while working and then get renumerated, this will make the employee get himself or herself acquainted with the company. In order words, the employee will go out of his way to improve his efficiency in terms of increase in productivity due to the new task skill gained.
In this reward system, the employer rewards the employee with payment increase for leaning new task and skills on the job which is beyond their regular activity.
Answer:
It has to do with cost, portion control and child personality training
Explanation:
1. Portion Control: Parents often give their children so much more to eat than they can, when meals are presented pre-plated and this can lead to waste, which would have been avoided in a family-style meal where each child can pick for themselves as much as they know they can eat.
2. Cost Control: Pre-plated meals because of their nature of already-defined-portions could help parents budgeting as against when children begin to pick so much more portions of fish at meal time, than they do vegetables; which can spike the cost of each meal
3. Personality Training: In pre-plated meals, the decision making is in the hands of the parent but in the family style meals, the child is beginning to learn how to make choices and decisions, early enough in life; which have have huge leadership benefits at the work place and personally, later in life.
Companies provide insurance plans to employees as a means of having employee loyalty and retention.
<h3>What is insurance?</h3>
Insurance is a policy contract, in which an individual gets financial protection or compensation against losses from an insurance company. Insurance company pool clients' risks to make payments more affordable for the insured.
Companies provide insurance plans to employees as a means of having loyalty and retention. This is because offering group health insurance can help small businesses keep their top employees on a long term basis.
Also, companies provide insurance plans to employees in order to make medical coverage more accessible and affordable to their employees.
Therefore, companies provide insurance plans to employees as a means of having employee loyalty and retention.
Learn more about insurance here: brainly.com/question/2495777o