__________is a review of all of the tasks and requirements of the job, both good and bad.
A. Realistic job preview (RJP)?
B. Active listening
C. Recruiting
D. Yield ratio
E. Labor market
A. Realistic job preview (RJP)?
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An offer to create a unilateral contract can be revoked by the offeror any time prior to the offeree's performance of the requested act
Indicate whether the statement is true or false
A company that produces products individually designed to meet the needs of a specific customer, would normally use a job order costing system.
Answer the following statement true (T) or false (F)
Collini Corporation has two production departments, Machining and Customizing. The company uses a job-order costing system and computes a predetermined overhead rate in each production department. The Machining Department's predetermined overhead rate is based on machine-hours and the Customizing Department's predetermined overhead rate is based on direct labor-hours. At the beginning of the current year, the company had made the following estimates: MachiningCustomizingMachine-hours 17,000 15,000Direct labor-hours 3,000 6,000Total fixed manufacturing overhead cost$102,000$61,200Variable manufacturing overhead per machine-hour$1.70 Variable manufacturing overhead per direct labor-hour $4.10 During the current month the company started and finished Job T268. The following
data were recorded for this job: Job T268:MachiningCustomizingMachine-hours 80 30Direct labor-hours 30 50Direct materials$720$380Direct labor cost$900$1,500The total amount of overhead applied in both departments to Job T268 is closest to: A. $715 B. $2,046 C. $616 D. $1,331
Blair Stationery Company is a price-taker and uses target pricing
The company has just done an analysis of its revenues, costs, and desired profits and has calculated its target full product cost. Assume all products produced are sold. Refer to the following information: Target full product cost $510,000 per year Actual fixed cost $260,000 per year Actual variable cost $3 per unit Production volume 152,000 units per year Actual costs are currently higher than target full product cost. Assuming that fixed costs cannot be reduced, what are the target total variable costs? A) $260,000 B) $456,000 C) $250,000 D) $510,000