Answer:
The amount of allocated manufacturing overhead costs for August is $47,150
Explanation:
For computing the allocated manufacturing overhead costs, first we have to compute the direct labor hours which is shown below:
= Direct labor cost ÷ per hour rate
= $73,800 ÷ $36
= 2,050 hours
Now the allocated manufacturing overhead costs equals to
= Direct labor hours × Manufacturing overhead rate
= 2,050 hours × $23
= $47,150
Corporations get cheap, and resell for more to earn a profit, Non profit organizations usually buy and resell for what they paid for or even less, sometimes free, for example some Bible publishers. Their intent is to make something available for everyone <span>to further a particular </span><span>social cause</span>
The statements, which are examples of outsourcing, are, A company hires a local manufacturer to build its products, a company hires international workers for its customer service call center; and a company hires a marketing firm for branding. Therefore, option A is the correct option; that is, all these statements are true.
<h3>What is outsourcing?</h3>
Outsourcing is a kind of agreement that takes place between two or more organizations. It takes place generally in order to delegate the work of the organization to other organizations that provide such services to bigger organizations.
Outsourcing is one of the major economic activities in developing and underdeveloped countries, which provides work for companies in developed countries.
Since all of these statements are true, option A is the best choice.
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The understanding comes primarily from better and more skilled management personnel.
<h3>
What are management personnel?</h3>
- Human Resources Management is the administrative function within an organization that oversees the employment, organization, and support of employee positions.
- Human resource management is a branch of human resource management focused on recruiting the right people and supporting those already working for the company.
- A key executive is an individual who has the authority and responsibility to directly or indirectly plan, direct and control the activities of an enterprise, including directors (executives or others) of that enterprise.
- Good human resources management is responsible for creating and maintaining a harmonious work environment.
- This includes ensuring that the company's compensation and benefits strategy fosters success, employee disciplinary and grievance procedures, effective communication, and sound health and safety policies.
Thus, management personnel helps to achieve the organizational goals which lead to profit maximization.
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