Answer:
Dale would explain that he makes sure that everything is running smoothly and that he has to make sure that everyone is doing everything correctly.
Explanation:
I got 15/15 on the questions. :)
Also, make sure you rewrite a few words so you don't get in trouble!
The more they focus on a task the more efficient they become at this task, which means that less time and less money is involved in producing a good.
Answer:
Empowered
Explanation:
In the given scenario employees in Seneco have the freedom of controlling their work hours, location, and even pay plans. Employees also participate in all organization decisions, including what businesses Senco should pursue.
This is a form of employee empowerment.
Employee empowerment is the act of giving an employee autonomy in decision making regarding their welfare and activities affecting the organisation.
Employees are more involved in decisions affecting their work. This fosters a sense of commitment to the business.
Answer:
Adriana Corporation
Using the High and Low method the Variable and Fixed portions of the Total Cost is:
Fixed Costs = $247,420
Variable Costs = $39.50 Per unit x 8,020 Machine Hours = $316,790
B. at an average of 7,500hrs Machine hours, the estimated Overhead costs = $247,420 x (39.50 x 7,500)
= $543,670
Explanation:
The High and Low Method is a costing method which attempts to split the mix of Fixed and Variable costs in a mixed Total cost of production by looking at one element of variability (in this case Machine Hours)
It is a subjective approach, however simple to calculate. Other method is the regression analysis, which is more complex in comparison to the high and Low
The attached excel file shows how we derived the Variable and Fixed Costs element of the Overhead Costs
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Answer:
70,200 units
Explanation:
Calculation to determine the budgeted materials purchases for April
Using this formula
Budgeted material needed for april=April budgeted production calls +
+ (Ending inventory*Ending inventory percentage)- Beginning inventory
Let plug in the formula
Budgeted material needed for april= 71,000 + (67,000*20%) -14,200
Budgeted material needed for april= 71,000 + 13,400-14,200
Budgeted material needed for april= 70,200 units
Therefore the budgeted materials purchases for April is 70,200 units
