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2 years ago

The purpose of ____________ is to increase an employee's ability to perform productively.

1 answer:

4 0

The purpose of training and development is to increase an employee's ability to perform productively.
During training and development, the company could re-educate their employees so they can adapt to the situation that the companies face during it operation and increase its overall efficiency.

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Barkoff Enterprises, which uses the high-low method to analyze cost behavior, has determined that machine-hours best explain the

Paha777 [63]

Answer:

The utilities cost associated with 1,110 machine hours will be $10,505.

Explanation:

High Low method is a way to calculate the variable and fixed cost element of total cost using lowest level of activity and its cost and highest level of activity and its cost.

In this example The Highest activity of Machine hour is in the month of May and Lowest activity is in February.

Using high low method:

Variable cost = ( Highest activity cost - Lowest activity cost ) / ( Highest activity - Lowest activity )

Variable cost = ( Cost in May - Cost in February ) / ( Machine hours in May - Machine Hours in February)

Variable cost = ( $9,625 - $8,360 ) / ( 950 - 720 )

Variable cost = $1,265 / 230

Variable cost = $5.50 per machine hour

Fixed Cost = $8360 - ( 720 x $5.5) = $8360 - $3960 = $4,400

Utility cost of 1110 units = $4,400 + ( 1,110 x 5.5 ) = $4400 + $6,105 = $10,505

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1 year ago

An osha inspector completed her inspection of a mining operation, including a walkaround and employee interviews. then the osha

Leviafan [203]

Answer:

The inspector found a violation that could cause serious injury or death.

8 0

2 years ago

For lunch, Maria eats only salads or vegetarian burgers. Her weekly food budget is $36. Each salad costs $6 and each vegetarian

tensa zangetsu [6.8K]

Answer:

3 salads, 6 vegetarian burgers

Explanation:

Data provided in the question:

Weekly food budget = $36

Cost of salad, Cs = $6

Cost of vegetable burger, Cv = $3

Now,

Let the number of salads be 'S'

and, the number of vegetable burgers be 'V'

thus,

S × Cs + V × Cv = $36

S × $6 + V × $3 = $36 ............(1)

also,

2 salads and 4 vegetarian burgers will give her a utility of 8

i.e U(2, 4 ) = 8

U( S, V ) = SV

Now,

From optimal marginal utility condition

Marginal rate of substitution = $\frac{MU_S}{MU_V}=\frac{Cs}{Cv}$

$\frac{V}{S}=\frac{6}{3}$

V = 2S ..........(2)

substituting the above value in 1

S × $6 + 2S × $3 = $36

6S + 6S = 36

12S = 36

S = 3

substituting S in (2)

V = 2(3)

V = 6

Hence,

3 salads, 6 vegetarian burgers

4 0

2 years ago

Rough Stuff makes 2 products: khaki shorts and khaki pants for men. Each product passes through the cutting machine area, which

ozzi

Answer:

$8,000

Explanation:

khaki shorts khaki pants

machine minutes per unit 15 24

contribution margin per unit $16 $32

CM per machine minute $1.067 $1.33

minimum demand 3,000 3,000

machine minutes required 45,000 72,000

total machine minutes available 288,000

total machine minutes remaining 171,000

production 0 7,125

total production 3,000 10,125

total contribution margin $48,000 $324,000

if 100 more machines hours are added, then production time increases by 6,000 minutes which can be used to produce 250 more khaki pants. Contribution margin will increase by 250 x $32 = $8,000

I calculated contribution margin per minute, but you could also calculate contribution margin per hour to determine which product is more profitable. Contribution margin per hour for shorts = $64, and for pants = $80. The answer will not change.

8 0

2 years ago

Both Mia and Mario specialize in producing the item in which they have a comparative advantage. Then they trade one pasta dish f

FrozenT [24]

Answer:

The total gains from trade are 4 dishes of pasta and 4 pizzas an hour.

Explanation:

Before specialization, Mia and Mario each produced 4 dishes of pasta and 4 pizzas per hour. After specialization, Mia is able to produce 12 dishes of pasta, and Mario is able to produce 12 pizzas per hour.

After specialization and trade, the total maximum combined output per hour is 12 dishes of pasta and 12 pizzas. Before specialization, the total maximum combined output per hour was 8 dishes of pasta and 8 pizzas. So the net gain of specialization and trade is 4 dishes of pasta and 4 pizzas per hour.

4 0

2 years ago