answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Strike441
2 months ago
13

Refer to the HR Reports in the Inquirer. Through past investments in recruiting and training Chester has obtained a productivity

index of 109.4%. This means that Chester's labor costs would be increased by 9.4% if it did not have these productivity improvements. This is a competitive advantage that Chester can sustain or even widen further if its competitors have no HR initiatives. Now, refer to the Income Statement in Chester's Annual Report. How much did Chester's productivity improvements save it in direct labor costs (in thousands) last year?
a) $3,143
b) $3,065
c) $29,809
d) $821
Business
1 answer:
Katen [3.5K]2 months ago
3 0

Note:

I couldn't find the Chester Income Statement, but I was able to view a similar question regarding Digby.

The Complete Question is as follows:

Consult the HR Reports in the Inquirer. Digby has achieved a productivity index of 109.6% due to previous investments in hiring and training. Consequently, without these productivity enhancements, Digby's labor expenses would rise by 9.6%. This advantage can be maintained or even expanded if its rivals do not implement HR initiatives. Now, look at the Income Statement in Digby's Annual Report. How much did Digby's productivity enhancements save in direct labor costs (in thousands) the previous year?

A. $766

B. $29818

C. $3137

D. $3211

Answer:

Option D. $3,137

Explanation:

The 9.6% productivity index indicates that efficiency improvements would save 9.6% of the total direct costs if the strategy is followed. The total direct costs for all four products for the year amount to $32,680, which is found in the second last column.

The savings from last year can be calculated as follows:

Savings = $32,680 * 9.6% = $3,137

Thus, option C is accurate in this case.

You might be interested in
In the simulation, explain how the original order results in one $22 fee, while the Wells Fargo reordering results in four $22 f
Scilla [3833]
In a scenario where transactions are recorded in the exact sequence they occurred, the customer owes $22. Conversely, if the transactions are arranged from largest to smallest, the customer’s account balance diminishes rapidly, leading to an overdraft of $88. Explanation: In the original order, one fee of $22 accumulates, resulting in a total debt of $22, calculated by multiplying 1 by $22. However, when sorted descending, four occurrences of the $22 fee arise, resulting in an overdraft of $88, as computed by multiplying 4 by $22.
4 0
2 months ago
In 2009, the great recession finally took its toll on the Alamo Title company in San Antonio, Texas. The housing business was in
stepan [3596]

Answer:

Theory X management style

 

Explanation:

Theory X management revolves around the assumptions about the typical laborer. This management theory posits that the average employee is unmotivated, irresponsible, and driven solely for specific rewards. Overall, managers adopting the Theory X approach believe their employees are less intelligent, inferior, and work primarily for secure paychecks.

In this management approach, supervisors maintain tight control over their workers; therefore, this style is appropriate when a company is experiencing significant challenges, where additional issues may result in catastrophic failure.

5 0
2 months ago
Which best lists the careers that are part of the Science and Math career pathway?
arsen [3447]
The most suitable answer choices are manufacturing engineer, industrial ecologist, and surveying technician. These professions require a scientific and mathematical perspective for success.
3 0
1 month ago
Read 2 more answers
Other questions:
  • Nevin is a longtime teacher supervising a group of very eager, very dedicated teach for america volunteers who are excited about
    5·2 answers
  • A foundation was endowed with $15,000,000 in July 2010. In July 2014, $5,000,000 was expended for facilities, and it was decided
    10·1 answer
  • Janice​ Carrillo, a​ Gainesville, Florida, real estate​ developer, has devised a regression model to help determine residential
    9·1 answer
  • Archoid's Flowering Plants provides the following information for the month of May: Actual Budget Tulips Geraniums Tulips Gerani
    12·1 answer
  • Norgaard Corporation makes 8,000 units of part G25 each year. This part is used in one of the company's products. The company's
    12·1 answer
  • You are the IT manager for the Andrews Company. A large shipment of new computers has just arrived. You notice that the inventor
    15·1 answer
  • Ali had previously calculated the Economic Order Quantity required to efficiently control costs at his company. His calculations
    14·1 answer
  • Walter used to work as a high school teacher for $40,000 per year but quit in order to start his own painting business. To inves
    10·2 answers
  • Recharge corporation makes batteries. Sol is injured when the recharge battery in his phone burst into flames. Sold product liab
    8·2 answers
  • owns a Dell laptop computer. She uses the computer in class and her classmates can see the Dell logo when she uses her laptop. O
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!