Please provide context for the first part??? I'm intrigued as to why the employer is listening on his employees through grapevines ahahah.
I assume this relates to the topic of motivation in the workplace, so you should search up types of employee motivation. These include increasing wages, decreasing work hours, and providing more benefits (more days off/free family vacations/free education for their children and such).
Answer:
Change in profit is Nil
Explanation:
<em>To determine whether to outsource the production of product X or not, we would compare the variable cost internal production to the external</em> <em>purchase price. And then adjust the net figure for the fixed costs.
</em>
<em>For a make or buy decision the relevant cash flows include </em>
1. the differential variable cost of the two options
2. savings from avoidable fixed costs associated with internal production
$
Variable cost internal production (2+7+5) 14
External buy in price <u>12</u>
Savings per unit of bought from outside <u> 2 </u>
Savings on 1000 units (2× 1,000) 2,000
Unavoidable fixed cost (2 × 1,000) <u> (2,000)</u>
Net change in profit <u> Nil </u>
<em>Note we assume that the fixed overhead is unavoidable. That is it will still be incurred whether or the product is outsourced </em>
Answer:
Quantity discounts can be taken advantage of for large lot sizes.
Explanation:
The EOQ model assumptions:
the order of one item does not intervene with the other.
The order will arrive without delay and with a specific amount of goods.
no losses or damage in transit
The EOQ does not consider the discount for large lot size, their formula does not consider the value of the goods:
Its use: Demand of the good
cost of Setup, or ordering cost.
and Holding cost, the cost of keeping the inventory
There is no variable to account for discounts for order size in this method
Answer:
B. $53,600
Explanation:
beginning 0
completed 8,000
WIP 2,000 at 100% materials 50% conversion cost
<u>Materials </u>
Equivalent Units units complete + complete portion of ending WIP
8,000 + 2,000 x 100% = 10,000
Cost per unit 27,000/10,000 = 2.7
<u>Conversion cost</u>
Equivalent Units units complete + complete portion of ending WIP
8,000 + 2,000 x 50% = 9,000
Cost per unit 36,000/9,000 = 4
<u>Total cost per equivalent unit </u> Materials + CC
2.7 + 4 = 6.7
Transferred-out
8,000 x 6.7 = 53,600
Answer:
1. The experiments should be clear in mind and well understood before coming to lab, for this the experiments should be well read.
2. Take proper precautions when working in the lab as, no insane acts shall be performed also due care with the use of apparatus and instruments in the lab shall be taken care of.
3. Even in some imaginary or worst case if help is required because of any incident that took place unwillingly and might lead to some loss, then you should be able to ask for help, also know the persons from whom you are supposed to seek help.