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3 years ago

A benefit of job specialization is that it

Business

1 answer:

goldenfox [79]3 years ago

6 0

Answer:

B. Is easier to train new employees

Explanation:

Employment specialization is characterized as a procedure of appointing a lot of individuals or people who have extraordinary aptitude in a specific zone to finish the work and train other employees. Job specialization is an effective way that helps to train new employees. It is an effective way to help new employees to work efficiently and effectively.

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What is a budget for major investment expenditures called?

12345 [234]

Capital budget is the budget for major investment expenditures. Capital budgeting is the process of planning whether a certain investment will be a long term investment or a short term investment. Expenditure is the amount of money spent for a certain investment.

5 0

4 years ago

Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Product costs include: Direct materials p

Kaylis [27]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Sales= 5,000 units

Selling price= $75

Product costs include:

Direct materials per helmet= $30

Direct labor per helmet= $8

Variable factory overhead per helmet= $4

Total fixed factory overhead 20,000

Variable selling expense is a commission of $3 per helmet

The fixed selling and administrative expense totals $29,500

The total variable cost is calculated as follow:

Total variable cost= unitary variable cost*number of units

Unitary variable cost= direct material + direct labor + variable overhead + variable selling and administrative

Total variable cost= (30 + 8 + 4 + 3)*5,000= $225,000

Total fixed costs= 20,000 + 29,500= $49,500

Income statement:

Sales= 5,000*75= 375,000

Total variable cost= (225,000)

Contribution margin= 150,000

Total fixed factory overhead= (20,000)

The fixed selling and administrative expense= (29,500)

Net operating income= $100,500

3 0

4 years ago

In the early 1980s, new legislation allowed banks to pay interest on checking deposits, which they could not do previously. If w

igomit [66]

Answer:

Explanation:

Aggregate output would have decreased.

The payment of interest on check deposits would have increased check deposits by bank customers.

This implies increase in saving, over consumption.

The reduction in consumption or demand for goods and services will in turn reduce aggregate output.

When saving increases over spending, lesser goods will be purchased and production will fall.

To have maintained a constant market interest rate in the face of this change, the Federal Reserve would have had to increase the money supply if not, interest rate on nonmonetary assets would fall.

5 0

3 years ago

Sarah found success as an entrepreneur by employing a relationship marketing strategy. The goal of this strategy is to:_______

Brums [2.3K]

Answer:

work closely with existing customers to better satisfy their wants and needs.

Explanation:

Relationship marketing is simply the development, growth, and sustaining of long-term, cost-effective relationships with individual customers, suppliers, employees, and other partners for mutual benefit of parties involved. It emphasize is placed more in retaining or sustaining customers because new customers are more expensive compared to existing customers and can help an organisation have long-term, cost-effective links with individual customers for benefits between both sides.

7 0

3 years ago

LO 6.3What are the primary differences between traditional and activity-based costing?

gtnhenbr [62]

Answer:

Difference between traditional costing method and activity based costing method is mentioned as follows:-

Traditional costing method is the technique in which products are implemented with indirect cost according to overhead rate whereas activity based costing relatively assign cost to product according to their activity in consumption.

Traditional costing has easy implementation at low cost but activity based costing is costly and complex.

Accuracy of traditional costing is low as compared with activity based costing

7 0

4 years ago