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kotykmax [81]
4 years ago
7

Joseph accepted a management trainee position at Rested Resorts. Corporate management believes Joseph has potential to move into

a top management position within the organization. They have begun assigning Joseph to a different department every few months so he can obtain the broad perspective needed by top managers. This company is using ______________ to develop Joseph's management skills.A. job rotation
B. multitasking
C. understudying
D. cross-functional management
Business
1 answer:
Bogdan [553]4 years ago
3 0

Answer:

The correct answer is A. Job rotation.

Explanation:

Job rotation means that workers move from one task to another, that is, their jobs are exchanged periodically. In some cases, these are similar tasks, although within jobs located in different contexts, sections or departments. For example, the passage of an operator from one sector to another within an assembly line or the exchange of a typist from the administration department to the sales department, are examples of job rotation from one place to another, without changing the type of tasks and activities they perform.

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Spin Cycle Architecture uses three activity pools to apply overhead to its projects. Each activity has a cost driver used to all
hammer [34]

Answer:

a. predetermined overhead rate for each activity

initial concept formation  = $3,310 per Project Change

design  = $3 per Square feet

construction oversight  = $1,130 per Month

b. Classification

unit-level activities :

design

batch level activities :

initial concept formation

Product level activities :

design<em> </em>

Facility level activities :

initial concept formation

construction oversight

Explanation:

This question requires application of Activity Based Costing (ABC) method of allocating overheads.

For each overhead a rate is determined as follows :

<em>initial concept formation </em>

Predetermined overhead rate = Overhead Cost / Number of Project Changes

                                                  = $52,960/ 16

                                                  = $3,310 per Project Change

<em>design </em>

Predetermined overhead rate = Overhead Cost / Square feet

                                                  = $420,000/ 140,000

                                                  = $3 per Square feet

<em>construction oversight </em>

Predetermined overhead rate = Overhead Cost / Number of Months

                                                  = $118,650/ 105

                                                  = $1,130 per Month

<em>Classification</em>

The way the activity is to be absorbed in costing determine its classification

5 0
3 years ago
ST Trucking just signed a $3.8 million contract. The contract calls for a payment of $1.1 million today, $1.3 million one year f
MaRussiya [10]

Answer: Option (B)

Explanation:

Given :

Contract = $3.8 million

Initial Payment = $1.1 million

Payment - Year One = $1.3 million

Payment - Year Two = $1.4 million

From the given information , we can evaluate the current value of the contract using present value:

<em>Present\ Value=\frac{Cash\ flow}{(1 + r)^n}</em>

<em>Present\ Value = 1.1\ million + \frac{1.3\ million}{(1+0.087)^1} + \frac{1.4\ million}{(1+0.087)^2}</em>

<em>Present Value =  $3,480,817.37</em>

7 0
4 years ago
Greg, a control room engineer at tri-state power, inc.'s nuclear power plant regularly practices handling emergency situations i
solmaris [256]

<span>TriState uses the job stimulation in which are being used to train their engineers. A job stimulation are used in means of having to test its employees in which will determine whether the employees that are being tested are capable of performing their assigned task.</span>

5 0
4 years ago
29. Randolph is a 30 percent partner in the RD Partnership. On January 1, RD distributes $22,500 cash and inventory with a fair
yulyashka [42]

Answer: $3125 capital loss

Explanation:

Based on the information given in the question, we should note that RD Partnership distributes $22500 cash and inventory with inside basis of $28000.

Since Randolph's basis in his RD Partnership interest is $53,625, the amount and character of Randolph's gain or loss on the distribution will be:

= ($22500 + $28000) - $53625

= $50500 - $53625

= -$3125

Therefore, there's a capital loss of $3125

5 0
3 years ago
Assume your goal in life is to retire with three million dollars. How much would you need to save at the end of each year if int
Stells [14]

Answer:

$200,000 every year

Explanation:

Assuming you are saving without compounding your interest

Applying the Simple interest/Formula

A = P (1 + rt)

A = final amount

P = initial principal balance

r = annual interest rate

t = time (in years)

Given A=$3,000,000

P=?

r=5%

t=10 years

Substituting we have

Calculation:

First, converting R percent to r a decimal

r = R/100 = 5%/100 = 0.05 per year.

Solving our equation:

3,000,000 = P(1 + (0.05 × 10)

3,000,000 = P(1 + (0.5)

3,000,000 = 1.5P

P=3,000,000/1.5

P=$2,000,000

The amount to be saved at 5% interest rate per year is

2,000,000/10

$200,000 every year

3 0
3 years ago
Read 2 more answers
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