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3 years ago

A standard hour incentive plan is likely to be successful if :_________

Business

1 answer:

Y_Kistochka [10]3 years ago

3 0

Answer: employees want the extra money more than they want to work at a pace that feels comfortable

Explanation:

A standard hour plan is based on the units that employees produce and once that unit is met, a set hourly wage is paid to the employees and an incentive can be given once the standard number of hours is exceeded.

It should be noted that a standard hour incentive plan is likely to be successful if employees want the extra money more than they want to work at a pace that feels comfortable. This will motivate them to work for extra hours since they want the extra money.

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Siskiyou, inc. Has total current assets of $1,200,000; total current liabilities of $500,000; and long term assets of $800,000.

JulijaS [17]

the firm's total liabilities & equity is $2,000,000.

Given,

total current assets = $1,200,000

long-term assets = $800,000

total current liabilities = $500,000

Using the Accounting equation:

Assets = Liabilities + Equity

Now, substituting the values in the above equation.

Also. remember total assets include both current and long term assets.

Therefore, $1,200,000 + $800,000 = Liabilities + Equity

Liabilities + Equity = $2,000,000

The entire assets of a corporation are equal to the sum of its liabilities and shareholders' equity, according to the accounting equation.

Hence, the firm's total liabilities & equity is $2,000,000.

Learn more about Accounting equation:

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2 years ago

I am considering buying a new sports car like a ford mustang. another sports car that would not likely compete head-to-head like

konstantin123 [22]

This is an example of industry competition. Industry competition is a rivalry between companies in the same market who offer similar products or services. These industries compete for potential customer's money and use a variety of means to make sure they are the one a consumer chooses to do business with. They can use advertising to try and attract consumers or offer lower prices, but the most important thing is to provide a good product or service.

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3 years ago

Read 2 more answers

Trust Company applies overhead based on direct labor hours. At the beginning of the year, Trust estimates overhead to be $700,00

Svetradugi [14.3K]

Answer:

$100,000

Explanation:

Data provided in the question:

Estimated overhead = $700,000

Estimated machine hours = 200,000

Estimated Direct labor hours = 35,000

Direct labor hours for February = 5,000

Now,

The Predetermined Overhead Rate is calculated as

= ( Estimated Overhead Cost ) ÷ ( Estimated Direct Labor hour )

Predetermined Overhead Rate = $700,000 ÷ 35,000

Predetermined Overhead Rate = 20 per direct labor hour

Therefore,

The amount of overhead applied for February

= Predetermined Overhead Rate × Direct labor hours for February

= 5,000 × $20

= $100,000

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3 years ago

Exercise 1. State and explain 5 characteristics of the youth

9966 [12]

1. Physical characteristics
2. Mental characteristics
3. Emotional characteristics
4. Social characteristics
4. Spiritual life
The Type of youths include respectable,delinquent,politically militant and cultural rebels.

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3 years ago

The account titles for transaction (C) 5/4 should appear in the Account Title column of the journal entry as

maxonik [38]

The account titles for transaction (C) 5/4 should appear in the Account Title column of the journal entry as supplies Cash

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4 years ago