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lozanna [386]
3 years ago
5

South Carolina is facing budget cuts. The number of employees needs to be reduced over the next three years at all state agencie

s. The state decides to stop hiring new employees to fill vacated positions to comply with budgetary constraints. This approach is called
Business
1 answer:
choli [55]3 years ago
8 0

<u>Answer:</u> This approach is called attrition.

<u>Explanation:</u>

Attrition is the process of reducing the workforce of the company due to various reasons. Here South Carolina has lot of budget constraints which forces the state to reduce the in take of new employees. This approach can also be called as hiring freeze so that the payroll can be reduced instead of doing layoffs.

The strength of the state is reduced in order to reduce the expenses and money pay outs. When there is a deficiency in the budgets actions have to be taken accordingly to minimize the effects.

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7 0
3 years ago
Read 2 more answers
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4 0
2 years ago
he following labor standards have been established for a particular product: Standard labor-hours per unit of output 9.0 hours S
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Answer:

Direct labor rate variance= $2,430 favorable.

Explanation:

Giving the following information:

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4 0
3 years ago
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Answer:

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The correct answer for budgeted production units for July are 4,375 units

Please see below explanation and calculation i have prepared for the answer.

Prepare a Production Schedule for July as follows :

                                                                                     <u>July</u>

Budgeted Sales                                                          4,200

Add Budgeted Closing Inventory (4,900 × 25%)      1,225

Total Production Needed                                          5,425

Less Budgeted Opening Inventory                          (1,050)

Budgeted Production                                                4,375

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