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Pepsi [2]
3 years ago
10

_____ is a type of job evaluation method in which individual jobs are evaluated in relation to every other job, based on a ranki

ng system, and an overall score is given for each job, determining the highest-valued job to the lowest-valued job.
Business
1 answer:
Kryger [21]3 years ago
6 0

Answer:

Paired Comparison

Explanation:

Paired Comparison is a type of job evaluation method in which individual jobs are evaluated in relation to every other job, based on a ranking system, and an overall score is given for each job, determining the highest-valued job to the lowest-valued job. Here in paired comparison method an employee's work is basically evaluated by looking to every job being performed in that organisation, then after doing the comparison the relative scores are assigned to the job which needs to be evaluated. This method is different to the methods which most organisation use where jobs are evaluated specifically on the basis of your skills, performance and your knowledge. One of the drawback which this method has is that the employees start comparing themselves with other employees, not their job but their personalities and knowledge etc. which in turn creates jealousy factor which in return can decrease the overall performance of organisation.

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Roman Company is preparing its cash budget for the upcoming month. The budgeted beginning cash balance is expected to be $40,000
Setler79 [48]

Answer:

$27,000

Explanation:

Budgeting is the process by which a business projects it's expenditures and revenues within a given period and plans to obtain funds to run the business on the basis of these projections.

In the given scenario Roman company have projected the cash reciepts and cash disbursement within the period.

They now need a particular loan amount to gain cash level of $45,000 at the end of the period.

Final cash balance = Opening balance + Cash receipts - Cash disbursement + Loan

$45,000 = $40,000 + $101,000 - $123,000 + Loan

45,000 = 18,000 + Loan

Loan = 45,000 - 18,000

Loan = $27,000

5 0
3 years ago
Sunland Company just began business and made the following four inventory purchases in June: June 1 144 units $1000 June 10 192
Sergio039 [100]

Answer:

The First-in, First-out has the lower cost of goods sold, therefore, it will provide with a higher gross profit.

Explanation:

Giving the following information:

June 1: 144 units for $1000 ($6.94 per unit)

June 10: 192 units for $1500 ($7.81 per unit)

June 15: 192 units for  $1610 ($8.38 per unit)

June 28: 144 units for  $1270 ($8.82 per unit)

Ending inventory in units= 200 units on hand.

The method that will provide a higher gross profit is the one with the lower cost of goods sold.

Inventory methods:

<u>FIFO (first-in, first-out):</u>

COGS= 144*6.94 + 192*7.81 + 136*8.38= $3,639

<u>LIFO (last-in, lsdt-out)</u>

COGS= 144*8.82 + 192*8.38 + 136*7.81= $3,941

<u>Weighted-average:</u>

Average price= (6.94 + 7.81 + 8.38 + 8.82)/4= $7.99

Now, we can calculate the cost of goods sold:

COGS= 7.99*472= $3,771.28

<u>The First-in, First-out has the lower cost of goods sold, therefore, it will provide with a higher gross profit.</u>

8 0
3 years ago
The Custom Halloween Company purchases a new sewing machine to replace an older machine with limited capabilities. The first wee
ELEN [110]

Answer: Capital investment in new machinery  

Capital investment in new machinery enables a company to produce more over a given period of time as compared to the old machine.  

It also helps the company to take advantage of new orders in the markets and helps it increase its share in catering to the demand for its products


7 0
3 years ago
Read 2 more answers
the area of a rectangle is 600 cm2 and its breadth is two-third of its length find the length and breadth of the rectangle​
alexandr1967 [171]

Given:

Area of a rectangle is 600 \text{cm}^2.

Breadth is two-third of its length.

To find:

The length and breadth of the rectangle​ .

Solution:

Let x cm be the length of the rectangle.

Then, Breadth or width of the rectangle = \dfrac{2}{3}x cm

Area of a rectangle is

Area=Length \times Breadth

600=x \times \dfrac{2}{3}x

600=\dfrac{2}{3}x^2

Multiply both sides by 3.

1800=2x^2

Divide both sides by 2.

900=x^2

Taking square root on both sides.

\pm \sqrt{900}=x

\pm 30=x

Length cannot be negative. So, x=30.

Now,

Length = 30\text{ cm}

Breadth = \dfrac{2}{3}\times 30\text{ cm}

             = 2\times 10\text{ cm}

             = 20\text{ cm}

Therefore, the length of the rectangle is 30 cm and the breadth is 20 cm.

8 0
3 years ago
Xiong Co. uses a periodic inventory system. Its records show the following for the month of May, in which 65 units were sold. Un
mezya [45]

Answer:

FIFO ending inventory  300 dollars

LIFO ending ivnentory  200 dollars

Explanation:

May-1 Inventory 30 units at $8 $  240

15 Purchases 25 units at $11     $  275

24 Purchases 35 units at $12    $ 420

  Total good available     90 units for a value of $935

We sale 65 units therefore, 25 units remains in our ending inventory.

FIFO will sale the first units leading the newest for inventory

So May 24th would be our ending inventory:

25 units x $12 = $300

LIFO will sale the newest and leave the oldest as inventory.

May 1st units are still at inventory according to LIFO

25 units x $8 = $200

7 0
3 years ago
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