nenu9. At Big Burger World, there are three levels of certification available for employees who acashiers: beginner, intermediate, and expert. In order to receive a certification, the employmust pass a test online and show the certificate to his supervisor. Each time a cashier passetest, Big Burger World will incrçase his hourly wage. What type of approach is Big BurgerWorld using for compensation?O pay-per-performance compensationO competency-based compensationO flat-rate compensationO fast food associate performance6:10 PMP Type here to search2 54'F Mostly clear3/5/2022hpdeletehomeendpg uphoinsertprt scrto16esc&backspacenumlk8.9

An organization may have several methods of compensating its employees based on the industry trends…

9. At Big Burger World, there are three levels of certification available for employees who a cashiers: beginner, intermediate, and expert. In order to receive a certification, the employ must pass a test online and show the certificate to his supervisor. Each time a cashier passe test, Big Burger World will increase his hourly wage. What type of approach is Big Burger World using for compensation? O pay-per-performance compensation O competency-based compensation O flat-rate compensation fast food associate performance

9. At Big Burger World, there are three levels of certification available for employees who a cashiers: beginner, intermediate, and expert. In order to receive a certification, the employ must pass a test online and show the certificate to his supervisor. Each time a cashier passe test, Big Burger World will increase his hourly wage. What type of approach is Big Burger World using for compensation? O pay-per-performance compensation O competency-based compensation O flat-rate compensation fast food associate performance

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Fanning Construction Company is a building contractor specializing in small commercial buildings. The company has the opportunity to accept one of two jobs; it cannot accept both because they must be performed at the same time and Fanning does not have the necessary labor force for both jobs. Indeed, it will be necessary to hire a new supervisor if either job is accepted. Furthermore, additional insurance will be required if either job is accepted. The revenue and costs associated with each job follow. Cost Category Contract price Unit-level materials Unit-level labor Unit-level overhead Supervisor's salary Rental equipment costs Depreciation on tools (zero market value) Allocated portion of company-wide facility-sustaining costs Insurance cost for job Required A Complete this question by entering your answers in the tabs below. Required B Required a. Assume that Fanning has decided to accept one of the two jobs. Fill in the information relevant to selecting one job versus the other.…
Google uses a “time ticket” for some employees. How are time tickets used in job order costing?
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2. Find a worker's gross pay if the worker is paid a straight piecework rate of P25 for each engraved plaque the worker makes. For this week, the person engraved 378 plaques.
Finch Construction Company is a building contractor specializing in small commercial buildings. The company has the opportunity to accept one of two jobs; it cannot accept both because they must be performed at the same time and Finch does not have the necessary labor force for both jobs. Indeed, it will be necessary to hire a new supervisor if either job is accepted. Furthermore, additional insurance will be required if either job is accepted. The revenue and costs associated with each job follow. Cost Category Contract price Unit-level materials. Unit-level labor Unit-level overhead Supervisor's salary Rental equipment costs Depreciation on tools (zero market value) Allocated portion of company-wide facility-sustaining costs Insurance cost for job Required Assume that Finch has decided to accept one of the two jobs. Fill in the information relevant to selecti versus the other. Recommend which job to accept. Required Required A B one job b. Assume that Job A is no longer available.…
vertime Pay = Overtime Rate x Overtime Hours Worked otal Pay = Straight-Time Pay + Overtime Pay . Kelsey Newberg is a robotics technician. She earns $21.50 per hour for 40 hours and time and a half for overtime over 40 hours. If she worked 6 hours overtime, what is her total pay? E. Naveen Borah is a maintenance worker. He earns $12.80 per hour for 40 hours and time and a half for overtime. He worked 48 hours last week. What is his pay for the week? . Kim Sperazo is a sign-language interpreter. She earns $19.65 per hour and time and a half for overtime. Last week she worked her regular 40 hours plus 7 hours of overtime. What was her total pay for the week? . As a children's librarian, Jodi Hassam earns $15.35 an hour plus tim her regular 40 hours plus 16 hours on the weekend. What was her total pay for the week? nd a for weekend work. Last week she worked . Heather Allen works for the public works department as an electrical inspector. She earns $17.60 per hour for a 36-hour week. Her…
Ethics in ActionAvett Manufacturing Company allows employees to purchase materials, such as metal and lumber, for personal use at a price equal to the company’s cost. To purchase materials, an employee must complete a materials requisition form, which must then he approved by the employee’s immediate supervisor. Brian Dadian, an assistant cost accountant, then charges the employee an amount based on Avett’s net purchase cost. Brian is in the process of replacing a deck on his home and has requisitioned lumber for personal use, which has been approved in accordance with company policy. In computing the cost of the lumber, Brian reviewed all the purchase invoices for the past year, He then used the lowest price to compute the amount due the company for the lumber.The Institute of Management Accountants (IMA) is the professional organization for managerial accountants. The IMA has established four principles of ethical conduct for its members: honesty, fairness, objectivity, and…
Answer A and B
Assigning Overhead to Jobs—Ethical Issues Tonya Martin, CMA and controller of the Parts Division of Gunderson Inc., was meeting with Doug Adams, manager of the division. The topic of discussion was the assignment of overhead costs to jobs and their impact on the division's pricing decisions. Their conversation was as follows: Tonya: Doug, as you know, about 25% of our business is based on government contracts, with the other 75% based on jobs from private sources won through bidding. During the last several years, our private business has declined. We have been losing more bids than usual. After some careful investigation, I have concluded that we are overpricing some jobs because of improper assignment of overhead costs. Some jobs are also being underpriced. Unfortunately, the jobs being overpriced are coming from our higher-volume, labor-intensive products, so we are losing business. Doug: I think I understand. Jobs associated with our high-volume products are being assigned more…
What is blank is what i need a detailed answer to please and thank you God bless
Wanda Instrumentation produces navigational equipment for ships, aircraft (both staffed and drones), and land vehicles. The parts are produced to specification by their customers. Depending on the customer and the type of job, the customer pays according to the terms of either a "fixed-price" contract (the price does not depend directly on the cost of the job) or of a "cost-plus" contract (the price is equal to recorded cost plus a fixed fee). Wanda expects only two clients (Ivanhoe Aviation and Rolf's Shipyard) in Year 2. The work done for Ivanhoe will all be done under cost-plus contracts while the work done for Rolf's will all be done under fixed-price contracts. Selected budget data for Year 2 include the following: Direct labor cost ($000) Direct materials cost ($000) Manufacturing overhead ($000) Ivanhoe Aviation $ 660 1,980 Required A Required B Required: a. Compute the predetermined rate assuming that Wanda Instrumentation uses direct labor costs to apply overhead. b. Compute…