1) When will profits reported under variable and absorption costing differ? How can we reconcile the profits reported under the two approaches? Profits reported under variable and absorption costing will differ when inventory increases or decreases during the year. The difference involves the timing with which fixed manufacturing overhead becomes an expense. Under variable costing‚ fixed overhead is expensed immediately as it is incurred. Under absorption costing‚ fixed overhead is inventoried
Premium Variable cost Costs Economics
Range of grade and pay systems / structures‚ their ‘fit’ for organisational context and link to strategy 1. Pay structure (3 or 4) Broad-banding Job family Spot rates 2.2 Performance Appraisal Armstrong (1998) points out that the performance appraisal schemes is essential for organization which often contain ratings of performance factors‚ such as volume‚ quality and knowledge of work‚ dependability‚ innovation‚ staff development and communication and an overall rating. Clive
Premium Assessment Management
have asked me to recommend three quantitative objects that ought to be tracked about every client that calls and/or their conduct about snack foods and specify whether the variables are continuous or discrete. We will begin by discussing what quantitative data/research is‚ define discrete variables‚ define continuous variables‚ and I will provide my three recommendations. (CTU Online 2014) II. Quantitative Data/Research Quantitative research is conducted utilizing sampling approaches (such as customer
Premium Snack food Polynomial Snack foods
How could I possibly disturb a universe full of “insidious intent” of which I am afraid (Eliot 15)? A universe of “ineffable gaudiness” (Fitzgerald 99) for the rich‚ where the negatives outweigh the positives. The constant discrimination and cunning intuition of “well-to-do people” (Fitzgerald 3)‚ leaving just scraps for the unfortunate deplorables of society. If “disturbing the universe” (Eliot 52) is possible‚ the world could be changed drastically for the better or for the worse; but no one has
Premium Morality Ethics Sociology
Managing Emotional Employees Managers often feel that the employee emotional issues are their personal and they should be able to handle it themselves. This is the reason why most of them don’t interfere in the internal affairs of the employees who are under distress. But as a result of this emotional distress‚ the employees are able to focus less on their work and hence their productivity also decreases. The managers can act pro-actively in this case and help the employees deal with the emotional
Premium Management Employment Emotion
Advancement of Technology and Science and Its Influence On Science Fiction Novels The rapid pace of technology and the advancement of scientific understanding in the past one hundred years are at the backbone for the distinctly twentieth century genre -- science fiction. Such rapid advancement in these fields of technology have opened up literally worlds of possibilities for the future. One hundred years ago the possibility of simply flying from city to city may have seemed nothing more
Premium Science fiction Future Science
Performance Management and Performance Based Pay Compensation and Benefits MGT 548 Cardinal Stritch University Group MSM 3-356 Instructor: Rafael Viscasillas 7/25/05 Table of Contents Performance based pay is an effective way to adequately distinguish between the best and worse performers within the company structure. Commonly referred to as merit pay or skill based pay‚ performance based pay is a compensation system designed to reward employees for attaining additional skills or for completion
Premium Performance appraisal Human resource management Management
The Case of the Variable Laminates The Case of the Variable Laminates Grantham University Experimental design is “a formal plan that details the specifics for conducting an experiment‚ such as which responses‚ factors‚ levels‚ blocks‚ treatments‚ and tools are to be used” (Sower 2010). An experiment where one variable is studied while the other variables are held constant can be inefficient and suffers from the inability to assess interactions among the variables as well as the interaction
Premium Factorial experiment Thermodynamics Experiment
Paper Series The Characteristics of Performance Related Pay Schemes Dr Mark W Gilman Canterbury Business School Working Paper No. 59 March 2004 THE CHARACTERISTICS OF PERFORMANCE RELATED PAY SCHEMES Mark W Gilman Dr M W Gilman Canterbury Business School University of Kent at Canterbury CT2 7PE Tel: 012227 823797 E-mail: m.g.gilman@ukc.ac.uk 1 Abstract Despite the growing amount of literature on performance related pay (PRP) schemes there is still very little‚ which examines
Premium Performance management
Seasonal Resort Employers; Hiring Seasonal Employees Seasonal Resort Employees; Hiring Seasonal Employees Scott Eipperle Kaplan University AB203: Human Resources Management Professor Hannon 01/03/2013 Seasonal Resort Employees; Hiring Seasonal Employees Many resorts like The Broadmoor‚ High Sierra Pools and Bubala’s by the Bay have difficulty finding summer employees for the tourist season. At the current time the use of H-2B visas have brought people
Premium Human resource management Human resources Employment