Answer: employees want the extra money more than they want to work at a pace that feels comfortable
Explanation:
A standard hour plan is based on the units that employees produce and once that unit is met, a set hourly wage is paid to the employees and an incentive can be given once the standard number of hours is exceeded.
It should be noted that a standard hour incentive plan is likely to be successful if employees want the extra money more than they want to work at a pace that feels comfortable. This will motivate them to work for extra hours since they want the extra money.
Answer:
D) deduction from the balance per bank statement
Explanation:
A bank reconciliation statement is a document that matches the cash balance on a company’s balance sheet to the corresponding amount on its bank statement. Reconciling the two accounts helps determine if accounting changes are needed. Bank reconciliations are completed at regular intervals to ensure that the company’s cash records are correct. They also help detect fraud and any cash manipulations.
Answer:
1.45 times
Explanation:
The computation of company's fixed asset turnover ratio is shown below:-
Average of Net Property, plant and equipment = ($3.0 million + $3.9 million) ÷ 2
= $6.9 million ÷ 2
= $3.45 million
Fixed asset turnover ratio = Net Sales ÷ Average of Net Property, plant and equipment
= $5 million ÷ $3.45 million
= 1.45 times
Therefore for computing the fixed assets turnover ratio we simply applied the above formula.
Answer: a.fixed factory overhead volume variance.
Explanation:
Fixed overhead costs are the costs that are incurred by an organization that doesn't change even when the lre is a change in the volume of production activity. The fixed overhead costs are vital in order for the effective operation of the company.
When the standard fixed overhead rate is based on full capacity, the cost of available but unused productive capacity is indicated by the a.fixed factory overhead volume variance.
~ The tendency to seek out information that reaffirms past choices and to discount information that contradicts past judgments is known as •Confirmation Bias•.