Scientific management influences current organizations by emphasizing the rational organization of work and the need for employee selection and training.
<h3 /><h3>What is scientific management?</h3>
It is a theory proposed by Taylor on the rationalization of work through the study of time, to generate greater optimization of spaces, movements and standardization in the organization, increasing the systematization of the processes that would generate the ease in the execution of the work, the reduction of time and waste.
Therefore, current organizations are influenced by scientific management due to the appreciation of human capital in the competitive environment, with the need for employee specialization and training to maintain innovation and market positioning.
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If interest computation is based solely on the invested amount of $7,000.00, interest per year is $472.50. For 10 years, the daughter will earn a total of $4,725.00 interest on top of the invested amount. But if interest is compounded annually, then the total interest at the end of 10 years would be $6,451.69.
Answer:
the difference between operating incomes under absorption costing and variable costing is $180,000 .
Explanation:
The difference between the two Operating Incomes lies in the amount of Fixed Overheads that has been deferred in Inventory.
So, calculation of the difference will be as follows :
Beginning fixed manufacturing overhead in inventory $230,000
Less Ending fixed manufacturing overhead in inventory ($50,000)
Difference between absorption costing and variable costing $180,000
Answer:
4,800
Explanation:
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The double declining will be the straight-line rate times two.
straight-line = 1/10
double declining = (1/10) x 2 = 2/10 = 1/5 = 20%
The first year will be:
30,000 x 20% = 6,000 depreciation expense
then we calculatethe book value for the second year
30,000 - 6,000 = 24,000
now we clacualte the depreciation expense for the 2nd year
24,000 x 20% = 4,800
This process is repeat every year until the book value equalt the salvage value at the end of the 10th year.
Answer:
The answer is: $700,000
Explanation:
A company´s resource flows are the amount it reinvests to maintain (or in this case upgrade) or build a resource, for example new machinery or infrastructure renovations.
In this case, Ironhorse Tools spent $700,000 to upgrade its manufacturing facilities.
