answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sav [38]
2 years ago
13

Frederick W. Taylor is speaking to a friend about scientific management. Which of the following statements might Frederick say?

Business
1 answer:
zvonat [6]2 years ago
4 0

Answer:

(A) The best way to increase your workers' productivity is to study their movements carefully. Figure out the fastest way to get the job done correctly, and then train all of the employees to do it the same way.

(B) Are you promoting people just because you like them? Try having managers make promotion decisions solely on the basis of a person's technical ability to do the work.

Explanation:

<em>Scientific Management theory</em> laid out by <em>Frederick W. Taylor</em> focuses on <em>effective (best) and efficient (less costly)</em> way of getting the work done.

(1) Statement A focuses on <em>motion and time studies</em> respectively.

In <em>motion studies</em>, we are concerned with elimination of unnecessary movements and activities required to perform a job. For eg, in order to manufacture 100 packets of biscuits, 5 processes are required but the processes currently used are 10, so 5 processes must be eliminated in order to save time and costs.

<em>Time studies</em> implies setting up time for performing a particular work activity. The time must be same for all the workers and could be based on the past factory time data of the activity. For eg, an average time per worker can be calculated for the activity taking into consideration the total time spent by total no. of workers on a particular work activity.

(2) Statement B focuses on promoting the persons based on their technical ability to do the work.

<em>Differential piece wage system</em> of F.W. Taylor applies perfectly to this statement. It prescribes paying workers as per the work done by them. For eg, a worker producing 15 units of a good per day would be paid $ 12 a unit, let's suppose and the worker producing less than that would be paid $ 10 a unit. So, the workers producing 15 and more units of a good, have higher technical ability with respect to the production of that good and hence, higher pay. The workers producing less than 15 units have lower technical ability and hence lower pay.

(3) Statement 3 relates to the administrative principle of "Unity of Command" laid out by Henry Fayol and hence, is not the solution statement.  

You might be interested in
A credit card issuer charges an APR of 19.56%, and its billing cycle is 30 days long. What is its periodic interest rate?
Gelneren [198K]
<span> 1.60657%. this is the answer </span>
8 0
2 years ago
Read 2 more answers
Andreas is a political consultant with his own firm. he travels the country and provides campaign advice for political candidate
Rus_ich [418]

Bills accounting profit is equals to revenue ($250,000) minus explicit (monetary) cost (50,000 and 30,000), while his economic profit is equals to accounting profit minus implicit (opportunity) cost (3,000 and 100,000). Accounting profit is $170,000 and Economic profit is $67,000.

<span>Economic profit is always lower than accounting profit because explicit costs and implicit costs are both deducted to revenue. Implicit costs are cost that he should have earned if he gives up his present resources. These costs are projected cost and are not yet incurred.</span>

6 0
2 years ago
Nieto Company’s budgeted sales and direct materials purchases are as follows. Budgeted Sales Budgeted D.M. Purchases January $ 2
inn [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Budgeted Sales:

January $ 237,400

February 251,400

March 336,600

Nieto’s sales are 30% cash and 70% credit. Credit sales are collected 10% in the month of sale, 50% in the month following sale, and 36% in the second month following sale; 4% are uncollectible.

Cash collection March:

Cash sales= 336,600*0.3= 100,980

Credit Sales March= (336,600*0.7*0.1)= 23,562

From February= (251,400*0.7*0.5)= 87,990

From January= (237,400*0.7*0.36)= 59,824.8

Total= 272,356.8

4 0
2 years ago
Placker Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours.
riadik2000 [5.3K]

Answer:

Total cost= $3,595

Explanation:

Giving the following information:

Estimated fixed overehad= $155,000

Estimated variable manufacturing overhead= $3.40 per machine-hour

Estimated machine-hours= 50,000

Job A881:

Total machine-hours 100

Direct materials $645

Direct labor cost $2,300

First, we need to calculate the predetermined overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= (155,000/50,000) + 3.4

Estimated manufacturing overhead rate= $6.5

Total cost= direct material + direct labor + allocated overhead

Total cost= 645 + 2,300 + (6.5*100)

Total cost= $3,595

5 0
2 years ago
The following information is available for Wonderway, Inc., for 2018: Factory rent $ 28,300 Company advertising 20,200 Wages pai
garri49 [273]

Answer:

Please see answers below

Explanation:

1. Direct labor costs = wages paid to labourers

= $84,200

2. Manufacturing overhead costs = Factory rent + indirect production labor + utilities for factory + production supervisor's salary + factory insurance + depreciation on factory equipment

= $28,300 + $1,900 + $30,600 + $30,800 + $13,700 + $27,400

= $132,700

3. Prime cost = Direct labor + Direct material

= $84,200 + $35,600

= $119,800

4. Conversion cost = Direct labor + Manufacturing overhead

= $84,200 + $132,700

= $216,900

5. Total manufacturing cost = Direct labor + Direct material + Manufacturing overhead

= $84,200 + $35,600 + $132,700

= $252,500

6. Period expense = Company advertising + Depreciation for president vehicle + President's salary + Sales commission

= $20,200 + $8,190 + $61,100 + $7,530

= $97,020

8 0
2 years ago
Other questions:
  • You look up the phone number of the new pizza hut and repeat the number silently in your head until you find a pad of paper to w
    9·1 answer
  • After buying a mini cooper, kate began paying more attention to advertisements for mini and spent more time on websites reading
    6·1 answer
  • Vinnie (our friend in the video) had a lot of credit cards, and he did have fun with them! Then he nearly went broke. What was t
    10·1 answer
  • Every year you pay your neighbor $150 to clean the gutters at your house. You are pretty good friends so you know that your neig
    10·1 answer
  • River City Recycling just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend grow
    7·1 answer
  • Gundy Company expects to produce 1,252,800 units of Product XX in 2017. Monthly production is expected to range from 72,200 to 1
    6·1 answer
  • Which method of analysis does not classify variables as dependent or independent?
    8·2 answers
  • Wanda is at work, on the clock, and is working on her private commercial business. She receives a reprimand from her supervisor.
    8·2 answers
  • Ehrling, Inc., manufactures metal racks for hanging clothing in retail stores. Ehrling was approached by the CEO of Carly’s Corn
    14·1 answer
  • The FIFO method provides a major advantage over the weighted-average method in that: A. the calculation of equivalent units is l
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!