What would be you KPIs as the finance and human Resource officer?

murzikaleks [220]

humor is beneficial to a team because you can use it to lighten up the mood

4 0

3 years ago

You are the director of marketing. Your department has been doing well, but the company as a whole has been losing revenue stead

garik1379 [7]

Answer:

I. Thank employees for being willing to make a sacrifice for the good of the company.

II. State the facts of the company's financial situation.

III. Inform employees that they will receive a 15% pay cut.

IV. Close with forward looking statement.

Explanation:

The company's financial situation has led the managers to decide for a pay cut instead of lay off to improve the financial position of the company and stay in the budget. The company should appraise employees that they understand the company's situation and are willing to accept the pay cut. The director should inform employees about the current financial situation and provide details about the pay cut plan. The email should close with a forward looking statement and a statement that as soon as the situation of company gets better the employees will receive full salaries as always.

7 0

3 years ago

A manufacturing operation consists of 10 operations. However, five machining operations must be completed before any of the rema

Anit [1.1K]

Answer:

The answer is: 14,400 different production sequences are possible

Explanation:

For this calculation I will assume that the first 5 operations can be made in any order, as well as the last 5.

For the first set of machining operations, since they can go in any order, you choose one operation and then you have 4 operations left, then you choose another operation and you have 3 operations left, then you choose another operation and you have 2 operations left, you choose another option and you have only 1 operation left. This process can be expressed by the following equation: 5 x 4 x 3 x 2 x 1 = 120 possible different combinations. Mathematically it can also be expressed as 5! = 120

The same for the last 5 assembly operations, you have 5 x 4 x 3 x 2 x 1 = 120 possible different combinations.

So to get the total possible combinations of all the process, we just multiply 120 x 120 = 14,000 or 5! x 5! = 14,400

8 0

3 years ago

Peters Manufacturing Company has the following data at June 30, 2019:

nignag [31]

Answer:

Gross Profit $ 74,000

Cost of Goods sold $ 506,000

Explanation:

Peters Manufacturing Company

Income Statement

June 30, 2019

Sales $580,000

Total manufacturing costs 430,000

Add Work in process inventory, June 1 18,100

Cost of Goods Available for Manufacturing 548,100

Less Work in process inventory, June 30 30,400

Cost Of Goods Manufactured 517,700

Add Finished goods inventory, June 1 43,500

Cost Of Goods Available for Sale 561,200

Less Finished goods inventory, June 30 55,200

Cost of Goods sold $ 506,000

Gross Profit $ 74,000

5 0

3 years ago

Direct Labor Variances The following data relate to labor cost for production of 20,000 cellular telephones: Actual: 8,450 hrs.

Lady bird [3.3K]

Answer and Explanation:

The computation is given below:

a)

Direct labor rate variance = (Actual rate - Standard rate) × Actual hours

= ($22.50 - $23) × 8,450 hours

= -$4,225.00 Favorable

Direct labor time variance = (Actual hours - Standard hours) × Standard rate

= (8,450 hours - 8,400 hours) × $23

= $ 1,150.00 Unfavorable

Total direct labor cost variance is

= Direct labor rate variance + Direct labor time variance

= $4,225 Favorable + $1,150 Unfavorable

= -$3,075.00 Favorable

b. In the case when the employees are not much experienced or they are poorly trained so the less experience cause to less performance due to which the actual time needed should be more than the standard one

3 0

3 years ago