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djverab
1 month ago
7

Assume Chester Corp. is downsizing the size of their workforce by 20% (to the nearest person) next year from various strategic i

nitiatives. Chester is planning to conduct exit interviews to learn more about how they can improve in processes and increase productivity. The exit interviews are estimated to cost $100 per employee in additional to normal separation costs of $5000. How much will the company pay in separation costs if these exit interviews are implemented next year?
Business
1 answer:
harina [3.5K]1 month ago
3 0

Answer:

$311,100

Explanation:

Solution

Let's remember the following details:

The assumption is that Chester Corp has reduced its workforce by = %

The estimated cost of exit interviews = 100

Normal separation expenses = $5000

Now,

The total number of employees = 305

The reduction in workforce = 20%

So,

The number of employees being laid off = 305 x 20% = 61 individuals

Thus,

The separation expense per employee = $5000

Cost for exit interviews = $100

Total expense per individual = $5,100

Now,

The overall separation cost = 61 individuals x total separation cost per employee

That is,

= 61 x 5100 = $311,100

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Answer:

d. If processed further, the company stands to gain $12 for each unit.

Explanation:

To make the decision, we begin by evaluating the costs and profits associated with each option on a per unit basis.

Profit from the unassembled product is calculated as follows:

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Hope that helps.

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Explanation:

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Banks readily provide these loans as they promote small business initiatives. In the case of short term loans, the risk is generally minimal, and the profit can be substantial if the business is successful. Therefore, for a small venture like a lemonade stand, a short-term loan represents the most advantageous borrowing solution.

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10 days ago
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Answer:

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Answer:

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The income that Carol's Clothiers earns from the sales it conducts, referred to as retained earnings, acts as the main source of capital for expanding their operations.

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