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3 years ago

Work rules:______.

Business

1 answer:

Alja [10]3 years ago

3 0

Answer:

B) Are jointly determined and administered by managers and union representatives

Explanation:

Work rules are usually established by one or more unions in agreement with management. This enabled a clear specification of tasks to be done by each employee/labor.

The Ham Commission was instrumental in establishing the basic rules and rights of the workers.

Right to Know – Every worker is expected to be aware of hazards in their work environment. They are expected to be trained in handling the hazards in an event if they occur

Right to Participate – Worker (s) have the right to define the process of identifying, assessing and controlling workplace health and safety. Participation is also be attained by reporting incidents to immediate supervisors or employers.

Right to Refuse work that is unsafe - Employees can deny work if they feel the likelihood of an untoward incident to them or their co-workers. Through the union committee employees can explain the employer about the impact of performing an unsafe work and obtain consensus with the employer to enable a safe workplace

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Which of the following is the goal of the team-based new product development approach when it uses cross-functional teams that o

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4 years ago

The accounting department of a garment manufacturing company has estimated that the variable cost will be $21 per unit for a new

Nadya [2.5K]

Answer:

a. Break-even volume: 70,423 units;

b. Unit cost if 100,000 units are made: $31;

c. Annual profit at 100,000 units made: $420,000.

ii.

The company should make this garment if the company should be able to manufacture and sell 105,634 units per year.

Explanation:

a. Break-even volume:

Denote x is the break-even volume, then we have:

1,000,000 = 0.4* X * ( 28 - 21) + 0.6 * X * ( 40 -21) <=> 14.2X = 1,000,000 <=> X = 70,423 units;

b. Unit cost if 100,000 units are made:

Total cost if 100,000 units are made = 1,000,000 + 100,000 * 21 = $3,100,000;

Unit cost = 3,100,000 / 100,000 = $31.

c. Annual profit at 100,000 units made = Total revenue - Total cost = 100,000*0.4*28 + 100,000*0.6*40 - 3,100,000 = 3,520,000 - 3,100,000 = $420,000.

ii.

To meets the minimum expected profit given costs, selling price and sell structure remains the same, the company should be able to manufacture and sell Y units per year, with Y is calculated as below:

0.4 * Y * (28-21) + 0.6 * Y * (40-21) - 1,000,000 = 500,000 <=> 14.2Y - 1,000,000 = 500,000 <=> 14.2Y = 1,500,000 <=> Y = 105,634 units

So, it should make this garment if the company should be able to manufacture and sell 105,634 units per year.

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4 years ago

An amount, P, must be invested now to allow withdrawals of $900 per year for the next 13 years and to permit $320 to be withdraw

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In my further research and understanding, the amount P that is invested now to allow withdrawals of $900 per year for the next 13 years and to permit $320 to be withdrawn is $100. I hope you are satisfied with my answer and feel free to ask for more if you have questions and further clarifications

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4 years ago

What classifications are possible for a company's activities based on Porter's value chain model?

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Answer: Common barriers to entry include special tax benefits to existing firms, patent protections, strong brand identity, customer loyalty, and high customer switching costs. Other barriers include the need for new companies to obtain licenses or regulatory clearance before operation.

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3 years ago

The Polaris Company uses a job-order costing system. The following transactions occurred in October: Raw materials purchased on

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Answer:

1. Prepare journal entries to record the transactions given above

2. Prepare T-accounts for Manufacturing Overhead and Work in Process.

Explanation:

Debit Raw Material 210.000

Credit Account Payable 210.000

raw materials purchased on account, $210,000

Debit Work in process 178.000

Debit manufacturing overhead 12.000

Credit Raw material 190.000

Raw materials used in production, $190,000 ($178,000 direct materials and $12,000 indirect materials)

Debit Work in process 90000

Debit manufacturing overhead 110000

Credit Sales ans wages salaries 200000

Accrued direct labor cost of $90,000 and indirect labor cost of $110,000.

Debit manufacturing overhead 40000

Credit Acummulate depreciation 40000

Depreciation recorded on factory equipment, $40,000.

Debit manufacturing overhead 70000

Credit Account Payable 70000

Other manufacturing overhead costs accrued during October, $70,000.

Debit Work in process 240000

Credit manufacturing overhead 240000

The company applies manufacturing overhead cost to production using a predetermined rate of $8 per machine-hour. A total of 30,000 machine-hours were used in October

Debit Finished goods 520000

Credit Work in process 520000

Jobs costing $520,000 according to their job cost sheets were completed during October and transferred to Finished Goods

Debit Cost of goods 480000

Credit Finished Goods 480000

Jobs that had cost $480,000 to complete according to their job cost sheets were shipped to customers during the month.

Debit Account receivable 600000

Credit Sales 600000

These jobs were sold on account at 25% above cost.

Manufacturing Overhead

Debit Credit

2 12.000 240000 6

3 110000

4 40000

5 70000

232.000 240.000

Ending Balance 8.000

Work in process

Begining Balance 42000

2 178.000 520000 7

3 90000

6 459000

769.000 520.000

Ending Balance 249.000

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3 years ago