Using the table and figures below, determine cost of
the turnover of this type of employee
An LPN makes $30,000 per year. The benefits cost for
this position is 30% per employee. It takes 2 months for an LPN to
become fully productive. This facility has a fairly high turnover
rate, as 20 LPN’s have quit in the past twelve
months.
Using the table and figures below, determine cost of
the turnover of this type of employee
An LPN makes $30,000 per year. The benefits cost for
this position is 30% per employee. It takes 2 months for an LPN to
become fully productive. This facility has a fairly high turnover
rate, as 20 LPN’s have quit in the past twelve
months.
A.
Annual pay
Type answer here
B.
Percentage of pay for benefits multiplied by annual pay
Type answer here
C.
Total employee annual cost (A +B)
Type answer here
D.
Number of employees who voluntarily quit in the past 12 months
Type answer here
E.
Number of months it takes to being fully productive
Type answer here
F.
Per person turnover cost ([E/12] X C X 50%)
Type answer here
G.
Annual turnover for this job (F X D)
Type answer here
Using the table and figures below, determine cost of the turnover of this type of employee ...
Using Regression to Calculate Fixed Cost, Calculate the Variable Rate, Construct a Cost Formula, and Determine Budgeted Cost Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost Employee Hours January $7,100 360 February 8,140 550 March 9,899 630 April 9,787 600 May 8,490 480 June 7,450 350 July 9,490 570 August 7,531 310 Coefficients shown by a regression program for Pizza Vesuvio's data are: Intercept 4,562 X Variable 8.15 In your calculations, round...
Using Regression to Calculate Fixed Cost, Calculate the Variable Rate, Construct a Cost Formula, and Determine Budgeted Cost Pizza Vesuvio makes specialty pizzas. Data for the past 8 months were collected: Month Labor Cost Employee Hours January $6,900 360 February 8,140 550 March 9,899 630 April 9,787 610 May 8,490 480 June 7,450 350 July 9,490 570 August 7,531 310 Coefficients shown by a regression program for Pizza Vesuvio's data are: Intercept 4,452 X Variable 8.31 In your calculations, round...
Using the details from the case study complete the following for your report: a. Provide a cost benefit analysis for each option. b. Recommend one option and explain why you feel it is the best solution. c. Provide ROI data for the option you are recommending. CASE STUDY DATAIN DATAIN is a company that was started by two students who was opportunity to make some money and help pay for their education. As an increasing number of organizations today survey...
Refer to Table 1. Write the Excel formula for each cell marked with “?” in columns B, C and D such that formula could be copied and pasted into columns D, E, F and G using Microsoft Excel without further editing. There is no need to explicitly write the Excel formula for cells marked with “Copy & paste”. Label each formula clearly with cell reference position. In 2020, BS Bank employs 800 employees in its call centres in the United States...
Part B. Gross Income Inclusions & Exclusions For each Q-6 through Q-19 below, determine whether the item described should be INCLUDED IN or EXCLUDED FROM the Gross Income of the taxpayer who receives the item. • Darken Box A on the Scantron sheet if the item should be INCLUDED IN gross income • Darken Box B on the Scantron sheet if the item should be EXCLUDED FROM gross income 6. $25,000 scholarship for tuition and books received by a full-time...
CORRECTED: ABC ORIGINAL PROBLEM DATA (18I Excel File: CHECK FIGURES: AX40 Traditional Unit Cost: $62.75 EX90 ABC Unit Cost: $116.80 For several years, Adria Manufacturing has produced a single product called AX40. Then two years ago, the company automated a portion of its plant and at the same time introduced a second product called EX90 which has become increasingly popular. The EX90 is a more complex product, requiring one hour of direct labor time per unit to manufacture and extensive...
please show work!!!! Part 2, Instructions: Read the information below and use this to answer question 9-11 on page 8 Section 9. OVERTIME Pursuant to the provisions of the Fair Labor Standards Act, non-exempt employees shall be paid overtime at their appropriate rate of not less than one and one-half(1 %) times their rate of pay for each hour worked in a work period in excess of the maximum hours allowable, which are applicable to the type of employment in...
Human Resources Management: Please read the case and answer the questions at the end. Joe's Hamburger Grill has been doing business in the same location for the past 20 years. The Grill is located in Phoenix, Arizona, and caters to college students by providing some of the world's biggest hamburgers in a fun and casual dining atmosphere. Joe looks back with fondness on the 20 years that have passed since he first opened the grill. His primary motivation for starting...
Summary should briefly analyze the central problems and issues of the case and provide some analysis and suggestions. Thank you. Lean Initiatives and Growth at Orlando Metering Company It was late August 2002 and Ed Cucinelli, vice president of Orlando Metering Company (OMC), sat in his office on a late Saturday morning. He had come in to prepare for some strategic planning meetings that were scheduled for the upcoming week. As he noticed the uncommon silence in the building, Ed...
Read the following scenario and complete the questions and tasks below. Mirabel Manufacturing is a small but growing company that manufactures and sells marine sonar equipment. They employee a national sales force and their primary customers are marine retailers and boat dealerships. The company has expanded over the last 5 years and Paul Mirabel, the founder, and CEO has become concerned that he no longer has a clear picture of their cost structure. He calls his CFO, Mary Jane Montgomery...