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likoan [24]
3 years ago
5

How companies can link their compensation and evaluations to organizational objectives?

Business
1 answer:
kicyunya [14]3 years ago
8 0

Answer:

For a company’s compensation strategy to be effective, it must be linked to the overall business strategy. Because compensation accounts for 30-60% of business costs, it is essential for organizations to identify the drivers behind pay. For this reason, the foundational step of creating any solid compensation strategy is linking it to the business strategy.

Explanation:

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The amount of money collected by a snack bar at a large university has been recorded daily for the past five years. Records indi
disa [49]

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A) skewed to the right with a mean of $4000 and a standard deviation of $450.

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In addition to other costs, Grosha Telephone Company planned to incur $600,000 of fixed manufacturing overhead in making 500,000
Whitepunk [10]

Answer:

Please find the detailed answer as follows:

Explanation:

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Predetermined overhead rate = 600,000 / 500,000 = 1.2 perunit

b) Total fixed cost spending variance = Actual fixed overhead cost - Estimated overhead cost

                                                         = 599,400 - 600,000

                                                         = 600 (F) Favourable

c) Total fixed cost volume variance = Actual fixed overheads - Estimated fixed overheads

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Total fixed cost volume variance =$ 609,600 - $600,000 = $9600 (F) Favourable

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3 years ago
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If you were told that your credit score was 700, how would you judge that number?
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