A positive incentive measure is an economic measurement that is designed to promote beneficial activities.
The incentive that makes it more profitable to follow a certain course of action is a positive incentive.
<h3 /><h3>What is a positive incentive? </h3>
A positive incentive defines as a measure is an economic, legal institutional activity that is projected to boost beneficial activities. A positive incentive is a measurement that helps to follow a certain course of action.
It is also defined as the business rewards for producing particular choices or taking definite actions.
<u>Example:</u>
Incentive costs for organic farming, agricultural land set-aside strategies, as well as public or grant-aided land purchases or improvement advantages.
Therefore, the positive incentive makes it more profitable to follow a definite course of action.
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Answer:
HANNON COMPANY
Assembly Department
Manufacturing Overhead Cost Responsibility Report
For the Month Ended April 30,2017
Controllable Cost Budget$ Actual$ Difference$ Remark
Indirect materials 14,200 13,700 500 Favourable
Indirect Labor 19,100 19,900 -800 Unfavourable
Utilities 11,400 12,100 -700 Unfavourable
Supervision 4,600 4,600 0 None
Total 49,300 50,300 -1,000 Unfavourable
Answer:
- Tax status = Ordinary Asset
- Gain = $60,000
Explanation:
As the company expensed the asset fully in the year of purchase instead of capitalizing it, the asset is an ordinary asset not a capital one which is capitalized. That is the tax status.
The gain on an ordinary asset is the amount that it was sold for which in this case is $60,000.
Tax status = Ordinary Asset
Gain = $60,000
Answer:
1) 1.25
2) 1600.00
3) 250,000 pennies
Explanation:
Given:
•Number of workers, n = 2,500
•Output per month =4,000,000 units
•Current total variable costs = $5,000,000
1) For average variable costs:
Average variable costs =
Total variable costs/output.p.month
=
= 1.25
2) Average product of labour will be:
Average product of labour =
Output per month/n
= 1,600.00
3) Monthly wage for each worker will be given as:
Monhly wage =
Total variable costs/n
Therefore, monthly wage for each worker =
= $2,500 => 250,000 pennies
Delegation is the transfer of responsibility for the performance of an activity from one individual to another while retaining accountability.
Maryland Nurse Practice Act: "The nurse may delegate the responsibility to perform a nursing task to an unlicensed individual or a certified nursing assistant.
Definition of delegation. The process of delegating the responsibility and authority to perform a task to another person who takes on that authority and responsibility. The delegator continues to be responsible for the task.
Delegation refers to transferring responsibility for a particular task from one person to another. From an administrative point of view, delegation occurs when a manager assigns a specific task to an employee.
Authority is the ability to perform a job in a particular role. Responsibility pertains to reliability, reliability, and commitment to work performance.
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