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VladimirAG [237]
3 years ago
15

Xeon Inc., a maker of chocolate products, assigns its packaging and labeling to First Choice U.S.A., a firm that specializes in

packaging and labeling other companies' products. Which HRM practice is Xeon Inc. using in this scenario?
(A) acquiring
(B) downsizing
(C) outsourcing
(D) reengineering
(E) benchmarking
Business
1 answer:
Ray Of Light [21]3 years ago
5 0

Answer:

c. outsourcing

Explanation:

Outsourcing -

It refers to the process of hiring another company , which is responsible for some external project or task , is referred to as outsourcing .

It can be a short term process of hiring , it may also require transferring the employees to another firm internally .

Hence , from the given scenario of the question ,

Hiring the packaging firm by another company , showcases the method of outsourcing .

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Answer:

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

The equivalent units under each of the three assumptions are

Materials Conversion <u>67,800           67,800</u>

Materials Conversion<u>56730           56730</u>

Materials Conversion <u>69060           69060</u>

Explanation:

<u>Assumption 1 : </u>all materials are added at the beginning of the process and conversion is 100% complete

<u>Particulars    Units          % of Completion             Equivalent Units</u>

<u>                                      Materials  Conversion        Materials  Conversion </u>

BWIP       25,200       100              100                   25,200       25,200

Add

Units Started 58,800                                            58,800         58,800

Less

Units Completed

<u>                    16,200                                               16,200            16,200</u>

<u>Equivalent Units                                                   67,800           67,800</u>

<u />

<u>Assumption 2:</u>

Beginning Inventory is 40% complete as to materials and conversions and ending inventory is complete 75 %as to materials and conversions.

<u>Particulars    Units          % of Completion             Equivalent Units</u>

<u>                                      Materials  Conversion        Materials  Conversion </u>

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Add

Units Started 58,800                                             58,800         58,800

Less

Units Completed

<u>                    16,200       75                  75               12150            12150</u>

<u>Equivalent Units                                                   56730           56730</u>

<u />

<u>Assumption 3:</u>

Beginning Inventory is 60% complete as to materials and conversions and ending inventory is complete 30 %as to materials and conversions.

<u>Particulars    Units          % of Completion             Equivalent Units</u>

<u>                                      Materials  Conversion        Materials  Conversion </u>

BWIP       25,200        60              60                   15,120       15,120

Add

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Units Completed

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<u>Equivalent Units                                                   69060           69060</u>

<u />

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