Mega Tech experiences a learning rate of 80%. At a labor rate of $35 per hour, I should as the purchasing agent, expect to pay for the fifth unit is $2,086,000.
A purchasing agent is a manager who aids in the choice and acquisition of goods and services. This is accomplished through compiling information about suppliers, costs, and goods, as well as screening it. Additionally, the agent has the authority to issue purchasing contracts, request vendor bids, and more.
Considering that Company MT learns at a rate of 80%
Work hours equal 100,000 hours.
$35 per hour labor rate
Observation: The fourth unit learning curve coefficient is listed in the learning curve table as 0.596.
According to the formula, the fifth unit is made up of:
Tn = T1C
T5 = 100.000 x 0.596
= 59,600 hours
Multiplying the hours by the hourly rate yields the cost:
T = 59.600 X ($35/hour) = 2,086.000
Consequently, as a purchasing agent, it is reasonable to anticipate paying $2,086,000 for the fifth unit.
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Guaranteed minimum salary of $1959 per month plus 6.3% commission on total sales. How much total sales do I need to have a gross pay for the month of $2784.84?
Based on the minimum salary and the commission percentage on total sales, the number of total sales to have a gross pay of that amount is $13,108.57
How much sales are needed?First, find the amount from the gross pay that would come from total sales alone:
= 2784.84 - 1959
= $825.84
The total sales that are needed are:
= Gross from sales / Commission percentage
= 825.84 / 6.3%
= $13,108.57
In conclusion, sales of $13,108.57 are needed.
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Not telling the truth is an example of which ethical principle? Utilitarianism, universalism, rights, justice, virtue ethics
Not telling the truth is an example of the principle of virtue ethics, because according to this theory, an individual is ethical according to his character, that is, the set of his virtues, and not telling the truth is related to the lack of virtue.
Who developed virtue ethics?The Greek philosopher Aristotle developed such a theory according to his current of thought that every individual has a character and certain virtues such as a sense of honesty, compassion and the practice of good deeds and behaviors, which correspond to the achievement of happiness and fulfill the purpose of life.
Aristotle's virtue ethics understands the nature of virtues and the consequence of non-virtuous actions for society and its correct functioning.
Therefore, according to such normative theories, man must practice good moral actions so that it can be improved, thus increasing his virtues that are essential for a peaceful, integrated and orderly society.
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You have been hired by the Walton family to design a marketing mechanism to change the images of Walmart, Inc. from its current state of “none caring for employees” to that of a company anybody would wish to be employed. Offer your educated opinions supported by OD industry experts.
In order to show itself as a caring employer of labor instead of being uncaring, the business would have to do the following:
They would need to evaluate the needs of the people that they employ.They would have to create training programs that can help employers to get better at their jobs.They would have to find out whatever grievances that employees have about the conditions at work and fix them.They would also add certain benefits to the jobs as a way of appreciating their workers.What is employer and employee relationship?This is the term that has to do with the way that the people that work for a particular company would have relationship with the people that they work.
A good relationship that exists between these two, would help to create satisfaction for the two parties and the people would want to put in their best at the jobs that they do.
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An underutilization of a country's resources means what?
If a nation's resources are not used to their full potential, it is wasting them inefficiently.
What effects result from underutilizing resources?A individual or country may wind up spending more money, time, and effort as a result than they would have if they had simply employed the available resources.
What occurs when a nation's resources aren't fully utilized?When a nation's resources are not used to their full potential, the GDP declines and the economy uses its resources inefficiently. When a point is outside the border of production possibility, we observe underutilization.
What does your resource underutilization look like?Resources that are not employed effectively during the production process are said to be underutilized. A point that is below the production possibility curve (PPC) indicates that resources are being used inefficiently or insufficiently.
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In 25 words or fewer, describe how the products related to listening to music demonstrate the need for product development .
The products related to listening to music such as headphones etc demonstrate the need for product development so as to ensure there is no negative effect on the health of users.
What is Product development?
This is used to denote all the steps from the early stage of giving ideas to the last stage of getting the products to the market.
Product development is vital as the best possible products are made available to the consumers to choose from. The selection is based in different types of factors ranging from durability to the cost. A product with good development will bring in more sales and profit for the organization.
In the case of music listening, the products which is to be used will have to be the one that has no negative effect such as migraine etc.
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Exercise 5-26 (Static) Activity Levels and Cost Drivers [LO 5-2]
Steve’s Slop Shop, a small hamburger shop, has identified the resources used in its operations (assume each customer’s order is a batch for this example):
Required:
1. Classify its costs as unit-level, batch-level, product-level, or facility-level costs.
2. Suggest a proper driver for each of the items.
Required 1 Required 2
Complete this question by entering your answers in the tabs below.
Classify its costs as unit-level, batch-level, product-level, or facility-level costs. (If an activity can be classified with more than
one selection, choose the option that contains ALL the appropriate classifications.)
Required 1 Required 2
Resources Cost Hierarchy
a. Bread
b. Hourly workers that cook hamburgers
c. Store rent
d. Ground beef
e. Catsup
f. Advertising for Triple-Burger special
g. Salary for the store managers
h. Utilities
i. $1-off-coupon for each order
j. Bag for each order
In an overview, the activity based costing is a system of overhead allocation that is more accurate than that of traditional system of overhead allocation.
What is an Activity based costing?In accounting, it refers to the technique in cost accounting that uses am activity cost pools, cost drivers and activity rates to assign overhead costs to goods/ services.
Cost Cost class. Driver Classification
A) Bread Unit level Direct Material
B) Hourly Help Batch level Machine hours
C) Store Rent level Time per order
D) Ground Beef Batch level Direct Material
E) Catsup Batch level No. of orders
F) Adv. for Burger special Product level No. of orders
G) Salary for managers Facility level No. of customers walkins
H) Utilities Facility level Time per order
I) $1-off-coupon for each Unit level No. of orders
J) Bags for each order Unit level No. of orders
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Celeste has worked as a receptionist for a small, family-owned financial planning business for six months. Last Friday, family members left
early to attend a relative's wedding. Her boss wanted Celeste to cover the phones until 5:00 p.m. Unsure whether Celeste shared the
organization's guiding values, her boss called her at 4:55 p.m. to make sure she hadn't left early. Celeste felt this was a test to see if she
followed the same.
ethics as the others in this organization.
If Celeste felt this was a test to see if she followed the same Integrity-based ethics as the others in this organization.
What is integrity-based ethics ?Integrity-based ethics can be defined as those value set up by an organization which is expected of an employee to follow.
The scenario best illustrate what is called integrity based ethics as the organization want to know if celeste shared the organization guiding values or not.
Therefore If Last Friday, family members left early to attend a relative's wedding. Celeste felt this was a test to see if she followed the same Integrity-based ethics as the others in this organization.
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How to succeed in life
save money thought the years
Answer:
Focus
Create Ideas
Work Hard
Don't give up on anything
Explanation:
Pls give me brainiest :)
Your job right now is to finish reading chapter 14. How strongly would you be motivated to do that if you were sweating in a room at 105 degrees Fahrenheit? Imagine your roommate has turned on the air-conditioning. Once you are more comfortable, are you more likely to read? Look at Maslow's hierarchy of needs to see what needs would be motivating you at both times. Now recall a situation in your home, school, or work life in which you were feeling particularly motivated to do something. Which of the needs identified by Maslow motivated you then? (Required at least 300 words).Original Post by Friday 9/23 (50 points)
Once you roommate had turned on the air conditioning, as opposed to you sweating in a room you would be motivated to read. This defines the Physiological needs.
Physiological needs is outlined in Maslow's Hierarchy of Needs. Maslow's hierarchy of needs is a psychological theory that explains why people are motivated to pursue certain wants at different levels. According to the hypothesis, people are driven to prioritize meeting their wants. The most fundamental requirements come first, followed by more sophisticated needs. The fifth level of the hierarchy, self-actualization, is the ultimate objective in this paradigm. The Maslow hierarchy of requirements is divided into five primary stages. The most fundamental needs are met first, followed by the most sophisticated needs.
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Put the steps for demonstrating effective leadership in order.
The steps for demonstrating effective leadership in order are:
Challenge the process
Motivate a collective vision
Make it possible for other people to take action.
Set an example.
Boost your spirit.
The ability of a person, group, or organization to take the initiative is referred to as leadership, which is both a study area and a practical skill.
People behave best when they are fully focused on what they are doing. The enthusiasm of their followers can be stoked by leaders using their own experiences and interests. Even small successes need to be celebrated. They accept difficult assignments while respecting others' efforts.
Because it inspires, motivates, and sets an example for others to improve the world, leadership is essential. A vision, a plan of action, and a strong relationship with their subordinates are all characteristics of a leader. As a result, they help others collaborate to perform remarkable things.
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