Labor Planning Labor Information Regular Rate $15.00/hr Overtime Rate $24.50/hr Targeted Labor Cost $12,000/wk Labor Hours Needed 800/wk Any hour worked over 40 hrs/wk must be paid overtime rate $15 over target $300 over target $740 over target $2,660 over target $7,600 over target For a 13-person team, how does the actual weekly labor cost compare to the target?

Labor Planning Labor Information Regular Rate $15.00/hr Overtime Rate $24.50/hr Targeted Labor Cost $12,000/wk Labor Hours Needed 800/wk Any hour worked over 40 hrs/wk must be paid overtime rate $15 over target $300 over target $740 over target $2,660 over target $7,600 over target For a 13-person team, how does the actual weekly labor cost compare to the target?

Understanding Management (MindTap Course List)

10th Edition

ISBN:9781305502215

Author:Richard L. Daft, Dorothy Marcic

Publisher:Richard L. Daft, Dorothy Marcic

Chapter12: Motivating Employees

Section: Chapter Questions

Problem 1AL

See similar textbooks

Labor Planning

Labor Information
Regular Rate $15.00/hr
Overtime Rate $24.50/hr
Targeted Labor Cost $12,000/wk
Labor Hours Needed 800/wk
Any hour worked over 40 hrs/wk must be paid overtime rate

$15 over target

$300 over target

$740 over target

$2,660 over target

$7,600 over target

For a 13-person team, how does the actual weekly labor cost compare to the target?

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When the idea first occurred to her, it seemed like such a win-win situation. Now she wasn't so sure. Marge Brygay was a hardworking sales rep for Inspire Learning Corporation, a company intent on becoming the top educational software provider in five years. That newly adopted strategic goal translated into an ambitious, million-dollar sales target for each of Inspire's sales reps. At the beginning of the fiscal year, her share of the sales department's operational goal seemed entirely reasonable to Marge. She believed in Inspire's products. The company had developed innovative, highly regarded math, language, science, and social studies programs for the K— 12 market. What set the software apart was a foundation in truly cutting-edge research. Marge had seen for herself how Inspire programs could engage whole classrooms Of normally unmotivated kids; the significant rise in scores on those increasingly important standardized tests bore Out her subjective impressions. Bur now, just days before the end of the year, Marge's sales were $1,000 short of her million-dollar goal. The sale that would have put her comfortably over the top fell through due to last-minute cuts in one large school system's budget. At first, she was nearly overwhelmed with frustration, but then it occurred to her that if she contributed $1,000 to Central High, the inner-city high school in her territory probably most in need of what she had for sale, they could purchase the software and put her over the top. Her scheme would certainly benefit Central High students. Achieving her sales goal would make Inspire happy, and it wouldn't do her any harm, either professionally or financially. Making the goal would earn her a $10,000 bonus check that would come in handy when the time came to write out that first tuition check for her oldest child, who had just been accepted to a well-known, private university. Initially, it seemed like the perfect solution all the way around. The more she thought about it, however, the more it didn't quite sit well with her conscience. Time was running out. She needed to decide what to do. 1. Donate the $1,000 to Central High, and consider the $10,000 bonus a good return on your investment.