following data have been recorded for recently completed Job 501 on its job cost sheet. Direct materials cost was $3‚067. A total of 30 direct labor-hours and 104 machine-hours were worked on the job. The direct labor wage rate is $12 per labor-hour. The company applies manufacturing overhead on the basis of machinehours. The predetermined overhead rate is $11 per machine-hour. The total cost for the job on its job cost sheet would be: A. $4‚571 B. $3‚757 C. $3‚090 D. $3‚427 Applied manufacturing
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roles of the manager effective in objectifying management? DISCUSSION In approaching the subject of what a manager does‚ we first outline the elements of functions‚ skills and roles in a managerial environment: A function in a managerial context is the activity or job of the manager in carrying out the objectives of the organisation. A skill in the context of management is a competent attribute that enables the efficient and effective utilisation of resources by the manager in an organisation
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information for decision makers including managers‚ investors‚ regulators‚ lenders‚ and the public. Accounting systems affect behavior and management and have affects across departments‚ organizations‚ and even countries. This paper will give the reader an understanding about cost accounting. This paper will discuss: Why is cost accounting so important to the success of the firm; what are the various methods of cost accounting and how are they used; how does an operating budget work to discipline a firm’s
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jobs and responsibilities of four levels of managers. * Explain the resources used by managers. * Define the roles that managers perform in the organization. * Identify the basic management skills and understand how they can be developed. ------------------------------------------------- Students are requested to refer to the following in addition to the text book mentioned in the handbook‚ for more practical information on the Managers Job. -------------------------------------------------
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number of challenges faced by the business as mangers believe a new operating system should replace the old system since its not working well. Challenges include problem with communication effectiveness‚ management of information system (MIS)‚ computer parts supply issues‚ computer’s processing speed and computer failure. Problem statements‚ goals and objectives of the company should be clearly stated. After a group of top managers and senior directors have agreed on a strategic plan focusing solely
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Operating Leverage Operating leverage can be measured if the breakdown of fixed cost and variable cost in a company’s operating structure is known. Operating leverage is normally based upon operating income to avoid muddying the signal with financial leverage or taxes. Computing operating leverage would be easy if the proportion of fixed and variable costs could be known with certainty. Consider a stylized example: Operating leverage is computed by dividing the contribution margin (revenues
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As the Assistant to the HR manager‚ I would make a mandatory requirement that all incoming employees must complete a new program that was created by me with in their first 90 days. This program would be designed to ensure that our new talent understands the importance of working together. My program would include these three key principles of working together. The first principle would be on how to effectively communicate as a team. It is very important when working together as a team that all vital
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“The Manager Abroad” Name: Tallita Cristina Bertozi Ferrero Soares Student ID: S0237967 Course: HRM in the Global Environment - HRMT 20022 Lecturer: Melissa Sullivan Organizations considering global expansion strategies should also consider employment strategies that will be required to facilitate the relocation. While many global organizations have incorporated more short-term expatriation assignments and relocation efforts to help reduce costs‚ the traditional long-term assignments of many
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Chapter 1 Answers to Questions 1. Multitasking refers to how a computer appears to work on more than one problem (or for more than one user) at a time. It is accomplished by the computer’s ability to break a task into many smaller subtasks. The subtasks of one problem (or user) are interspersed with subtasks of another problem (or user). The computer appears to be performing both tasks at the same time‚ when in fact only a single subtask is performed at a time. 2. Information specialists
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Performance measurement‚ Compensation and Multinational Considerations Mukhammadbobir 1401617 Faruddin 1401625 Louis Awu 14016 Performance Measurement is generally defined as regular measurement of outcomes and results‚ which generates reliable data on the effectiveness and efficiency of programs. Performance measures quantitatively tell us something important about our products‚ services‚ and the processes that produce them. They are a tool to help us understand‚ manage‚ and improve what our
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