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2 years ago

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

Business

1 answer:

Y_Kistochka [10]2 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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When manufacturing overhead costs are assigned to production in a process cost system, it means that

Colt1911 [192]

Answer:

When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.

Explanation:

When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.

Absorption costing system is that where units of products and inventories are valued using full cost. Full cost implies that each product would be charged for an amount of the fixed production overhead in addition to the variable cost.

The fixed overhead is charged using a predetermined overhead absorption rate.

8 0

3 years ago

Consider the multi-factor APT with two factors. The risk premiums on the factor 1 and factor 2 portfolios are respectively 5% an

Llana [10]

Answer:

Option (B) 5.5%

Explanation:

Data provided in the question :

Factor Risk premium

Factor 1 5%

Factor 2 3%

Beta of stock A on factor 1 = 1.4

Beta of stock A on factor 2 = 0.5

Expected return = 14%

Now,

Expected return

= Risk free rate + (Beta of factor 1 × Risk premium of factor 1) + (Beta of factor 2 × Risk premium of factor 2)

14% = Risk free rate + (1.4 × 5%) + (0.5 × 3%)

14% = Risk free rate + ( 7% + 1.5% )

Risk free rate = 5.5%

Hence,

Option (B) 5.5%

6 0

3 years ago

What type of life insurance are credit policies issued as?

trasher [3.6K]

They are considered decreasing term policies. In these policies, the benefits usually decrease over the life of the policy: that is, the closer one gets to the end of the policy term, the less the benefit will typically be. At the end of the term, there is no option to renew for the same premiums, and the policy simply expires.

6 0

3 years ago

The CEO of the Wholesome Food retail grocery chain, which specializes in organic and natural produce and meat, has stated, "The

givi [52]

Answer:

TRUE

Explanation:

The CEO 's belief that he has placed his firm in a slow-cycle industry where concerns about protecting unique competencies dominate concerns about market share, is true

Basically, the CEO operates in a niche market as is reported in the scenario

Niche marketing refers to competing within a narrowly defined market segment with a specialized offering.

Most small businesses are generally not niche marketers; they simply have a very small share of a large segment whereas niche marketers have a large market share in a small/tight segment.

Having therefore established his Niche business in a small segment where he has a large market share (otherwise it would not be a niche business), the concerns will be about protecting unique competencies rather than market share

3 0

3 years ago

Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishi

nexus9112 [7]

Answer:

Explanation:

For computing the cost of inventorying, we have to apply the formula which is shown below:

= Total costs ÷ Number of items

1. Cost of inventorying = Total costs ÷ Number of items

= $125 ÷ 100 items

= $1.25

Total cost = $100 + $25 = $125

2. Cost of inventorying = Total costs ÷ Number of items

= $150 ÷ 150 items

= $1

Total cost = $100 + $25 + $25 = $150

3. Cost of inventorying = Total costs ÷ Number of items

= $175 ÷ 160 items

= $1.10

Total cost = $100 + $25 + $25 + $25 = $175

$25 is the each worker pay

To minimize the cost we required two workers as the cost of inventorying is lesser than other two.

3 0

3 years ago