If sales outlook for the coming three years increases to 40,000,000, the recent increase in production will actually help B.E. company in transitioning to maximum production capacity. In this case, there are two options for the company; produce 35,000,000 in 2011 and use the 5,000,000 units in ending inventory to satisfy the total sales outlook then increasing production to the maximum of 40,000,000 units in the next two years or increase production to 40,000,000 units in the next three years and keep the extra 5,000,000 sitting in ending inventory. With either option, B.E. Company’s net income will increase tremendously due to a substantial increase in sales and very little inventory left in ending
Unions increase productivity, according to most recent studies. The voice that union members have on the job—sharing in decision-making about promotions and work and production standards—increases productivity and improves management practices. Better training, lower turnover and longer tenure also make union workers more productive. Union members in low-wage occupations on average earn a great deal more than nonunion workers in the same occupations, often lifting their earnings rates above the official poverty level. For example, union security guards may earn $10.97 per hour, 36 percent more than nonunion workers in the same occupation.
,Sarah L. G January 6, 2013 Written Assignment #1 1. A) $1,000 with 5% interest after 10 years gives you $1,628. Therefore, you would gain $628 in interest. B) If the interest is withdrawn each year, a total of $500 would be earned because the $1,000 investment would earn $50 of simple interest each year. C) The answers are different because if the interest is left untouched, it makes the principal amount higher each year, giving more money after 10 years.
Employees will see more money being deducted for Social Security Tax but other benefits will increase. According to Business Week, employees will begin to see smaller paychecks, “a worker making $50,000 in 2013 will take home $38.46 less per two-week paycheck or $1,000 per year”. Persons who are self-employed will be hit even harder. Their deductions will be 12.4% as compared to the 6.2 wage earners will have taken from their pay checks (employers also match 6.2%). There will be a permanent extension of the employer provided education assistance and this is important to employees.
KU Med doesn’t utilize hiring bonuses, due to the fact that experienced individuals who are in high demand are paid much more upon being hired. This is because of the 5% increases in the yearly salaries offered for 2 years of experience. This essentially means that an individual with eight years of experience will start with a 20% increase in their first year starting salary over an individual with no experience. Have you ever thought of changing the pay systems? I haven’t considered changing the system all together.
As I analyzed before, 4505 employees will promote by the internal staffing policy. So, the company should concern about how to hire more employees to figure it out that gaps. Although the environment for staffing managerial employees at Tanglewood is fairly complex, it must rethink about lower-level employees. That means the company improves employee’s pay or gives them more benefits so that let employees willing work at Tanglewood. If store associate gaps maintain in a lower number, Tanglewood could manage its business stable and keep growing profits year by
10. Question: (TCO 2) Action Corporation uses activity-based costing to apply overhead to jobs within a job-order costing system. The following overhead activities were budgeted for the year. ACCT 344 Week 2 Quiz 1. Question: (TCO 3) The appropriate cost accounting system to use when inventory items are produced on an assembly line is 2.
The annualizing method is a two-step process to compute a FTE by first computing the paid days worked by an employee per year and then deducting the paid days not worked to calculate the net paid days worked to a factor. The numbers are calculated by computing the totals days in the business year minus the paid time off for holidays, vacations, sick days, education days, and dividing the total days in the business year by the net paid days worked to arrive at a factors. For example, the total days in a business year for a 52 week year is 364 days, minus two day off per week (104) equals 260 days. Subtract 9 holidays, 7 sick days, 15 vacation days and 3 education days equals 226 net days worked. Divide 364/226 and the annual factor is 1.6106195, or
This suggest that for every $1 that the company earns in Sales, they paid 23.1 cents for their employee. The fact that Country Road has decreased the percentage means that they became more efficient in paying their employee over the years. (c) Judging from the Vertical Analysis, Country Road might have been opening new stores , thus increasing Occupancy Expense. By doing this they have to save more money, cutting cost which led to decrease in Employment Expense, cutting their employee’s wages. ??
This type of result would only occur if the minimum wage was increased by a tremendous amount. A solution to this epidemic is underway: “the Fair Minimum Wage Act of 2013-would over the course of three years, gradually increase the minimum wage to $10.10…The bill would increase the gross earnings of a full-time minimum wage employee by $5,700 a year, lifting a family of three above the poverty line” (Martin). If this act is implemented, we would save millions of families, increase spending, and heal out economy in