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PSYCHO15rus [73]
1 year ago
13

Auto parts manufacturer JEG Inc. has a number of vacancies at lower management levels and wants to fill the positions from withi

n the company itself rather than recruit externally. The company plans to e-mail the job specifications to all employees and post the jobs on the company Web site. Which of the following, if true, will weaken the company's decision?
a. All employees do not have equal opportunities to apply for a job.
b. Unqualified applicants will need explanations about why they did not get the job.
c. Job postings prevent some qualified employees from having the opportunity to apply for a particular job.
d. Unqualified employees can find out the qualifications they need to get a particular job.
Business
1 answer:
Ainat [17]1 year ago
7 0

Answer:

B)Unqualified applicants will need explanations about why they did not get the job.

Explanation:

From the question we are informed Auto parts manufacturer JEG Inc. who has a number of vacancies at lower management levels and wants to fill the positions from within the company itself rather than recruit externally. The company plans to e-mail the job specifications to all employees and post the jobs on the company Web site. In this case, what could weaken the company's decision, is that Unqualified applicants will need explanations about why they did not get the job.

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The business pays $2,000 in cash to the landlord for office space rent. a) Expenses reduce by $2,000 b) Equity remains unchanged
ratelena [41]

Answer:  c) Equity reduces by $2,000

Explanation:

Expenses have the effect of reducing the income that the company would have made. That income is classified under equity as retained earnings so when expenses like office rent reduce the income, they are reducing the company's equity as well.

This is why expenses are debited when they increase because they reduce the equity accounts which are credited when they increase.

8 0
2 years ago
Sharp Company manufactures a product for which the following standards have been set: Standard Quantity or Hours Standard Price
marin [14]

Answer:

1a) Actual Cost per foot = 6$

1b) Materials Price variance = 7530

1b) Spending Variance = 10830

2a) Standard Rate = 7.5 USD

2b) Standard Hours = 4804 hours

2c) Standard hours allowed = 2.09

Explanation:

As usual, let's sort out the data given:

1. For direct materials:

a) Compute the actual cost per foot of materials for March.

For actual cost per foot for materials for march. We need to find the actual quantity first. so, we will come back to it.

Data Given:

Units Produced = 2,290

Standard Quantity for Direct material = 3 feet

Standard Quantity for Direct materials = 3 x 2,290 = 6870 feet

Standard Price per foot = 5 USD

Standard Total Units =  6870

Total Price = 5 x 6870 = 34350 USD

But

Actual Price = unknown

Actual Quantity = Unknown

Actual Cost = 45,180$ company purchased the direct materials at that cost.

Material Quality Variance = Standard Price x (Actual Qty - Standard Qty)

Here in this equation, we know all the quantities except Actual Qty. let's make it subject to calculate it.

Actual Qty = 3,300/$5 + 6870

Actual Qty = 7,530

Now, as we have Actual Quantity, we can calculate the part a of part 1.

So, let's calculate a.

a) a) Compute the actual cost per foot of materials for March.

Actual cost per foot = Direct Material Cost / Actual Qty

Actual Cost per foot = 45,180/7530

Actual Cost per foot = 6$

Let's move on to part 1 b.

b) Compute the price variance and the spending variance.

Formula to calculate the Materials Price Variance is as follows:

Materials Price Variance = Actual Qty x( Actual Price - Standard Price)

Materials Price Variance = 7530 x ( 6 - 5)

Materials Price variance = 7530

Now, we have to calculate the spending variance and the formula is as follows:

Spending Variance = (Actual Price x Actual Qty) - (Standard Qty x Standard Price)

Spending Variance = (6 x 7530) - ( 6870 x 5)

Spending Variance = 10830

Let's move on to part 2 a.

a) Compute the standard direct labor rate per hour:

Formula :

Labor rate variance = (Standard Rate - Actual Rate) x Actual Hours

Labor rate variance = Labor spending variance - Labor efficiency variance

Labor rate variance =   3130 - 780 = 2350

In this equation, we know all the quantities but we have to find Standard rate so make it subject.

Standard Rate = 2350/4700 + 7

Standard Rate = 7.5 USD

b. Compute the standard hours allowed for the month’s production.

Labor Efficiency Variance = Standard rate x ( Actual hours - Standard Hours)

In this part, we need to find the standard hours.

let's make it the subject.

Standard hours = 780/7.5 + 4700

Standard Hours = 4804 hours

c. Compute the standard hours allowed per unit of product.

Standard hours allowed can be found by plugging in the values in the following formula.

Formula:

Standard hours allowed = Standard hours / units produced

Standard hours allowed = 4804/2,290

Standard hours allowed = 2.09

6 0
2 years ago
Show that if the contribution to profit for trains is between $1.50 and $3, the current basis remains optimal. If the contributi
Dmitriy789 [7]

Answer:

210

Explanation:

Let us consider that x is the number of soldiers produced each week and y is number of trains produced each week.

Also, weekly revenues and costs can be expressed in terms of the decision variables x and y.

Then,

Hence the profit which we want to maximize is given by,

Now the constraints are given as,

Finishing Constraint:

Each week, no more than 100 hours of finishing time may be used.

Carpentry Constraint:

Each week, no more than 80 hours of carpentry time may be used.

Demand Constraint:

Because of limited demand, at most 40 soldiers should be produced each week.

Combining the sign restrictions and with the objective function  and constraints,and yield the following optimization model:

Such that,

First convert the given inequalities into equalities:

From equation (1):

If x=0 in equation (1) then (0,100)

If y=0 in equation (1) then (50,0)

From equation (2):

If x=0 in equation (2) then (0,80)

If y=0 in equation (2) then (80,0)

From equation (3):

Equation (3) is the line passing through the point x=40.

Therefore, the given LPP has a feasible solution first image

The optimum solution for the given LPP is obtained as follows in the second image

The optimal solution to this problem is,

And the optimum values are  .

Let c be the contribution to profit by each train. We need to find the values of c for which the current, basis remain optimal. Currently c is 2, and each iso-profit line has the form

3x +  2y = constant

y = 3x/2 +constant/ 2

And so, each iso-profit line has a slope of  .

From the graph we can see that if a change in c causes the isoprofit lines to be flatter than the carpentry constraint, then the optimal solution will change from the current optimal solution to a new optimal solution, If the profit for each train is c, the slope of each isoprofit line will be.

-3/c

Because the slope of the carpentry constraint is –1, the isoprofit lines will be flatter than the carpentry constraint.

If,

-3/c<-1

c >3

and the current basis will no longer be optimal. The new optimal solution will be point A of the graph.

If the is oprofit lines are steeper than the finishing constraint, then the optimal solution will change from point B to point C. The slope of the finishing constraint is –2.

If,

-3/c < -2 or

C < 1.5

Then the current basis is no longer optimal and point C,(40,20), will be optimal. Hence when the contribution to the profit for trains is between $1.50 and $3, the current basis remains optimal.

Again, consider the contribution to the profit for trains is $2.50, then the decision variables remain the same since the contribution to the profit for trains is between $1.50 and $3. And the optimal solution is given by,

z = 3× (20) + 2.5 × (60)

= 60 + 150

= 210

5 0
2 years ago
A drug company is considering marketing a new local anesthetic. The effective time of the anesthetic the drug company is current
Luda [366]

Answer:

6) H0: μ≥ 7.4 versus H1: μ< 7.4

7) - 1.28

8) - 1.50

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2 years ago
Although you were not fortunate enough to get Tee Time Golf Resort stock as an IPO, you are still thinking about trying to add s
elena-14-01-66 [18.8K]

Answer:

Secondary market; Prospectus

Explanation:

The broker is talking about the secondary market. After initial public offering, shares are traded again privately, in the secondary market. Likewise, the broker wants to send a brochure or a prospectus to the client in order to help him understand about the company to finalize the decision. A prospectus consists of the company’s complete information.

4 0
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