remain constant. This change will: Answer | | increase variable costs | | | increase contribution margin | | | reduce fixed costs | | | reduce operating profit | 1 points Question 3 1. Answer the following questions using the information below:The West Company manufactures several different products. Unit costs associated with Product ORD203 are as follows: Direct materials $ 40 Direct manufacturing labour 8 Variable manufacturing overhead 12 Fixed manufacturing overhead 23 Sales
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Chapter 7 Variable Costing: A Tool for Management Solutions to Questions 7-1 The basic difference between absorption and variable costing is due to the handling of fixed manufacturing overhead. Under absorption costing‚ fixed manufacturing overhead is treated as a product cost and hence is an asset until products are sold. Under variable costing‚ fixed manufacturing overhead is treated as a period cost and is charged in full against the current period’s income. 7-2 Selling and administrative expenses
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ADROIT Assignment on Establishing Rewards and Pay Plans ADROIT Assignment on Establishing Rewards and Pay Plans Date: 28-06-13 Date: 28-06-13 Submitted to: Dewan Niamul Karim Chairman‚ Dept. of Management Studies Jahangirnagar University Savar‚ Dhaka Submitted to: Dewan Niamul Karim Chairman‚ Dept. of Management Studies Jahangirnagar University Savar‚ Dhaka Course: Human Resource Management Course Code: MGT 301 Submitted By: | | Group Members | ID. No. | Farjana Akter | 684 | Manal Binte
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Class: Whenever we talk of variables or data types the various concepts that are immediately associated with it are: 1. The name of the variable 2. The amount of space required to store that variable 3. Address of the memory location where the variable is created 4. The possible operations‚ which can be performed with the variable However‚ we never considered the permanence of a variable or its scope i.e. the portion of the program where the variable is valid or recognized. All
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Chapter 4 Individual in the Organization A study of the individual in an organization is important‚ for the bulk of the adult population spends more than a third of its waking hours in the organization by which it is employed. And for most people‚ formal organizations represent a major part of the environment that exerts a significant effect upon their behavior. To represent individual in an organization‚ we must look into organization as a social system. 1. Social System a. Human Organization
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Abstract Retaining employees is a dilemma for small businesses. Large corporations have resources specifically aimed at keeping their employees while smaller ones do not. Using online resources‚ we examined the issue of employee retention in small business. We found that the problem stems from different areas‚ lack of resources‚ few employees‚ minimal direction from management. While these issues are a problem‚ they are not insurmountable. Small businesses need to be innovative and
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P5 All companies including the NHS will use some or all of these to manage the performance of its employees. Managing performance A business can only find out how hard employees are working if they measure their performance. Managing performance involves monitoring the targets and goals that employees have been given to see how they are progressing‚ this can be done in a number of ways. Probation When an employee starts a new job they are often put on probation for a certain time where their
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Fed Up: Reasons Why Employees Become Unmotivated There are sobering statistics out there about just how miserable people really feel in the workplace. With the economy the way it is today more and more people feel trapped with no way out. CareerBuilder.com says the #1 reason why people are unhappy or unmotivated in the workplace is their boss. That alone leads us to the # 1 reason why people quit their jobs: their boss. So in researching material for this essay I surveyed several managers
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originate at three rivers (nodes R1‚ R2 and R3) and terminate at a major city (node T) where the other nodes are junction points in the system. Using units of thousands of acre feet‚ the tables below show the maximum amount of water that can be pumped through each aqueduct per day and the following diagram shows the network of the system. From/To A R1 75 R2 40 R3 B 65 50 80 C 60 70 From/To D A 60 B 70 C E 45 55 70 F 45 90 From/To T D 120 E 190 F 130 The city water manager wants to determine a flow plan
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Performance-Related Pay (PRP) has become a growing trend in the last two decades in many organisations (Cadsby‚ Song & Tapon‚ 2007). The concept of performance-related pay was designed as a way to motivate employees and encourage desired behaviour due to individuals being different in terms of their own levels of motivation‚ drive and initiative. Organisations need to take this into account and set overall targets clear to individuals which are also in line with organisational goals to make sure
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