Define skill-based pay?
What will be an ideal response?
Compensation for skills employees have, develop, and use in a multiple task environment.
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Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs
The production details for the year are given below: Total manufacturing overhead costs estimated at the beginning of the year $140,000 Total direct labor costs estimated at the beginning of the year $330,000 Total direct labor hours estimated at the beginning of the year 11,000 direct labor hours Actual manufacturing overhead costs for the year $150,000 Actual direct labor costs for the year $360,000 Actual direct labor hours for the year 11,600 direct labor hours Calculate the manufacturing overhead allocation rate for the year based on the above data. (Round your final answer to two decimal places.) A) 42.42% B) 257.14% C) 235.71% D) 1,206.90%
Owner's equity is also called ________.
A. debt B. assets C. liabilities D. net worth
A business usually cannot operate at peak efficiency when sales fluctuate significantly.
Answer the following statement true (T) or false (F)
Refreezing is the change process in which employees learn the new desirable behavior, values, and attitudes.
Answer the following statement true (T) or false (F)