1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
bonufazy [111]
3 years ago
15

Lumina Inc. had 4,900 employees at the beginning of 2014. During the first half of the year, the company had no attrition. The c

ompany's profits were high, and its training and orientation programs were efficient. It continued to hire at a healthy pace and had 5,000 employees at midyear. However, in the second half of the year, 200 employees were laid off and no new hiring took place. What is Lumina's turnover rate for 2014
Business
1 answer:
Harlamova29_29 [7]3 years ago
6 0

Answer:

4 %

Explanation:

Employee turnover rate describes the rate at which employees leave a company, either voluntary or involuntary. It includes employees that separate from the organization only,  but not internal movements.

The formula for calculating employee turnover is

Turnover rate = <u>Employees separated </u>  x 100

  The average number of employees

The average number of employees = Beginning number + Ending number.

          2

For Lumina Inc. average number of employees

= 4900 + 5000/2

=4950

Employee turnover = 200/4950 x 100

=4 %

You might be interested in
Given an activity in an advertising project whose planned cost was $12,000 but actual cost to date is $10,000 so far and the val
givi [52]

Answer:

Probably not

Explanation:

To me I think they planed to give the money to you guys for it try and put a little more in the project. The most important part is if the client is happy about the advertisement.

8 0
3 years ago
Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $
olga_2 [115]

Answer:

Cost of goods manufactured= $87100

Explanation

Total manufacturing cost is the aggregate amount of cost incurred by a business to produce goods in a reporting period.

Generally accepted accounting principles require that the cost of goods sold shall consist of:

the cost of direct materials

the cost of direct labor

the cost of manufacturing overhead

Expenses that are outside of the manufacturing facilities, such as selling, general and administrative expenses, are not product costs. They are reported as expenses on the income statement in the accounting period in which they occur.

In this exercise:

<u>Cost of goods manufactured:</u>

Direct materials= $56,000

Direct Labor=$15,600

Factory overhead=Factory supervisor salary+ Depreciation expense+Indirect materials= 10,000 +3,700+1,800= $15,500

Total= $87100

Note: Salesperson commissions and  Depreciation expense Delivery equipment are not included in factory overhead

4 0
3 years ago
five (5) specific forces that are acting as stimulants for change, state and explain them with relevant examples.
In-s [12.5K]

Explanation:

It can be mentioned as the five specific forces that are acting as stimulators for change the forces:

  1. Competition
  2. Nature of the workforce
  3. economy
  4. Policy
  5. Technology

These are stimulating forces for change because they are factors that drive the change process so that organizational activities are able to remain and adapt in the market according to what happens in your micro and macro business environment.

Market competition is a factor that makes companies always willing to develop new methods, products and services so that they can achieve better results in the market search than competing companies. Integrated with the competition is the search for technology, which innovates the way in which techniques are developed and exists to facilitate and change work, as well as methods of using work forces.

Political and economic scenarios are also forces that drive change and the decisions that companies make in the market to seek better results and achieve their goals.

4 0
3 years ago
Which of the following statements is true? Select one: A. Breastfed babies are less likely to develop allergies than babies who
ra1l [238]

Answer:

The correct answer is letter "A": Breastfed babies are less likely to develop allergies than babies who are fed infant formula.

Explanation:

Breastfeeding a baby after labor and the following months is crucial for the baby's future health status. Studies reveal that infants tend to develop more health conditions such as <em>allergies, asthma </em>or<em> overweight</em> when they are given formula instead of breastfeeding. The harm is not only from the baby's side but also from the mother's. <em>Ovarian cancer, diabetes, </em>and <em>cardiovascular diseases</em> are caused by not nursing babies.

7 0
3 years ago
King Mechanic is a very profitable automobile repair shop. The company is well known for its great service and involvement in th
Sophie [7]

Answer:

Social

Explanation:

Social responsibility refers to an individual or organization's obligations towards society to protect and preserve environment and natural resources. Organizations are supposed to earn profits without hampering the environment.

Here, King Mechanic earns profit but fails to fulfill social responsibility of disposing used oil safely as instructed in the environmental regulations.

4 0
2 years ago
Other questions:
  • A useful technique that enables managers to examine the relationships among cost, price, revenue, and profit over different leve
    7·1 answer
  • When comparing the GDP of different countries, two issues immediately arise - currency and population differences. How does one
    7·1 answer
  • A decrease in the price of domestically produced industrial robots will be reflected in Group of answer choices both the GDP def
    11·1 answer
  • Nick's Marine Company (NMC) currently has a stock price per share of $38. If NMC's cost of equity capital (the discount rate for
    5·1 answer
  • . Ellen has a thirty-year mortgage with level monthly payments. The amount of principal in her 82nd payment is $259.34, and the
    15·1 answer
  • Part B: After purchasing his new equipment, Roger discovers several problems that slow down his work day. He failed to realize t
    9·1 answer
  • When would sunk costs be irrelevant for current decision making?
    10·1 answer
  • For a firm like project repat, one of the advantages of incorporation is.
    10·1 answer
  • A large city zoo provides jobs for over 370 full-time employees and about 600 seasonal workers. The zoo consists of traditional
    7·1 answer
  • The emirates group has a workforce comprised of individuals with 160 different nationalities. Suppose that one individual is con
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!