Mr. Jones wanted to check if there was an observable impact of a particular worksheet on his students’ test scores for Chapter 1. His idea was to test if there was a significant variation in the average test score of the class that used the worksheet in comparison to the class that did not. In the class before lunch, he used the worksheet but not the one after lunch. He has 23 students in each class. Their test scores are below:
|
Before Lunch |
After Lunch |
||
|
86 |
79 |
23 |
67 |
|
59 |
45 |
74 |
46 |
|
98 |
67 |
38 |
90 |
|
81 |
80 |
14 |
79 |
|
32 |
72 |
38 |
63 |
|
35 |
84 |
51 |
38 |
|
31 |
60 |
18 |
56 |
|
57 |
20 |
44 |
70 |
|
68 |
43 |
27 |
33 |
|
24 |
16 |
16 |
14 |
|
31 |
58 |
24 |
30 |
|
82 |
17 |
||
In: Statistics and Probability
Fundementals of human resource management
THE SOUTHERN WIDGET MANUFACTURING
Introduction
Founded in 2006, Southern Widget Manufacturing sets out to be the leading manufacturer of widgets in the world. Southern Widget has sales and distribution centers around the world including six centers in the US. The company is a member of the World Widget Manufacturing Association (WWMA).
Widgets are used as a display tool for several products including: PC, TV, auto parts, furniture, etc.
The Widget is a Bamboo based product making both environmentally and economically sound. Bamboo, like wood, is a natural composite material with a high strength-to-weight ratio useful for many applications Widgets it is considered one of the fastest-growing plants in the world.
Mission Statement
· Provide a high-quality, affordable product
· Create long term relationships with customers
· Respond immediately to changing needs of customers
· Achieve complete customer satisfaction
· Improve our customer services continuously
· Maintain excellent employee relations
· Sustain community involvement
Vision
The vision at Southern Widget Manufacturing is to utilize our well trained and satisfied employee teams to deliver outstanding customer services.
Mission
At Southern Widget Manufacturing every person in our company is a member of the team and a team player, with expectations that they perform their duties to their fullest capacity and potential. Our objective is a commitment to the highest quality of widgets and customer service. The customer’s satisfaction is our major focus, reached through innovative and cost effective production. We will lead the Widget industry with well trained and satisfied employees and pleased customers.
Address any five of the Southern Widget Manufacturing Company following company issues: Please send to [email protected].
1) Francisco works at Southern Widget as a welder. Although he is provided with protective goggles and a face mask, overalls and other types of protective clothing are not provided. After three months of work at Southern Widget, Francisco notices his skin becoming drier and gradually changing color. Alarmed with this development, he approaches his supervisor asking for details of the materials he works with. The supervisor declines to reveal any kind of information. What authority and laws can help Francisco file a claim?
2) Virginia's boss, Luke, constantly uses sexually explicit language while communicating with his female subordinates. Though many female employees are bothered with this behavior, no one has ever complained for fear of negative repercussions. However, Virginia files a complaint against Luke with the Equal Employment Opportunity Commission (EEOC). Will this be considered as discriminatory behavior? Why or why not? Explain the prohibitions under Title VII for related behavior.
3) Policy 137: The paint booths contain many toxic chemicals and are possibly harmful to unborn fetuses. In an abundance of caution Southern Widget will not allow its female employees of child bearing age to accept a position in the painting area. Employees working in the paint area make $5.00 more than other production employees. Is this considered discrimination, what is this called? Explain
4) Southern Widget employees are being asked for their opinion on which type of insurance they would like to have. The choices are HMO or PPO. Explain the difference as they differ from traditional health care providers? Pretend you are an employee and give you choice, explain.
5) You have been asked to write a FLSA policy. Be sure to include the three major parts as it might relate to Southern Widget.
6) Thomas a Production Foreman was terminated. He has filed a Company grievance. On April 2, Thomas was told to open discharge valves into the Mississippi River which he refused to do. Additionally, he has been told by the company President, with witnesses, that he was such a good employee he had a job for life. Southern Widget’s rebuttal is that he refused a direct order and the company’s policy clearly state, that there are no contract employees. Does he have a case on either point? Discuss and serve as the arbitrator with the decision.
7) John, the company Custodian, was in a horrific car accident as a child but has fully recovered from his injuries and is considered a very healthy individual. During the accident, John was burned and still has several facial scars that have disfigured his face. Many employees at John's company stare as he walks by and get distracted by his appearance. Is John protected by the ADA? Explain.
8) The Widget Operators Local Unions 621 filed a petition to have Southern Widget create an alternative dispute resolution, including the most common techniques. Is that a good idea for the company, if so, what how should it include?
9) Southern Widget is preparing to announce a new compensation system. Before the system goes live, as the HR Training Supervisor, you are required to do a company training on what goes into a compensation system. You will need to explain and discuss issues like: job structure, pay levels, motivation, cost control, etc.
10) As a future Supervisor what did you learn about Human Resources that you did not know before taking this course? What will you do to include this knowledge in your supervisory role?
In: Operations Management
Towing Company manufactures and sells a single product for $40 per unit. Variable costs are $30 per unit and fixed costs total $168,000. During 2019, the company sold 26,500 units of this product to customers. In order to improve profitability, the president of Towing Company believes the following changes should be made in 2020: 1. decrease the selling price of the product by 10% 2. automate a portion of the production process which will reduce variable costs by 5% per unit but will add an additional fixed cost of $16,310 per year 3. increase advertising by $49,420 Assume these changes are made. A) Calculate the number of units that Towing Company must sell in 2020 in order to earn a net income that is 20% greater than the net income earned in 2019.
B) Calculate the number of units that Towing Company must sell in 2020 in order to earn a target profit equal to 12% of sales.
In: Accounting
Facts: On April 1, 2020, Foster Company purchased used equipment. The company recorded the cost of the equipment as $66,000. The company expected the equipment to last four years or 8,000 hours, with an estimated salvage value of $6,000 at the end of the useful life. The equipment was used 500 hours during 2020.
1. What amount of depreciation expense will Foster Company record in 2020 using the straight-line method of depreciation? Show your calculations.
2. What amount of depreciation expense will Foster Company record in 2020 using the units-of-activity method of depreciation? Show your calculations.
3. After reviewing Foster Company's records, regulators discover that the company improperly capitalized $10,000 of revenue expenditures in determining the cost of its equipment. Explain how Foster's error affects the company's financial statements if Foster uses straight-line depreciation
In: Accounting
CC Car Wash specializes in car cleaning services. The services offered by the company, the exact service time, and the resources needed for each of them are described in the table following:
|
Service |
Description |
Processing Time |
Resource |
|
A. Wash |
Exterior car washing and drying |
10 minutes |
1 automated washing machine |
|
B. Wax |
Exterior car waxing |
15 minutes |
1 automated waxing machine |
|
C. Wheel Cleaning |
Detailed cleaning of all wheels |
16 minutes |
1 employee |
|
D. Interior Cleaning |
Detailed cleaning inside the car |
20 minutes |
1 employee |
The company offers the following packages to their customers:
• Package 1: Includes only car wash (service A).
• Package 2: Includes car wash and waxing (services A and B).
• Package 3: Car wash, waxing, and wheel cleaning (services A, B, and C).
• Package 4: All four services (A, B, C, and D).
Customers of CC Car Wash visit the station at a constant rate (you can ignore any effects of variability) of 50 customers per day. Of these customers, 30 percent buy Package 1, 30 percent buy Package 2, 15 percent buy Package 3, and 25 percent buy Package 4. The mix does not change over the course of the day. The store operates 10 hours a day.
a. Define “minute of work” as the flow unit, what is the capacity rate of the employee at the interior cleaning step per day? Round the answer to the nearest whole number. For example, if your answer is 2543.65, round to 2544; if you answer is 2543.12, round to 2543.
Your answer is .
b. What is the implied utilization rate for the employee at service C (wheel cleaning)? Round your answer to the nearest whole number and ignore the percentage sign. For example, if your answer is 0.45 or 45%, fill in 45; if your answer is 0.76 or 76%, fill in 76.
Your answer is .
c. What is the implied utilization rate for the automated washing machine? Round your answer to the nearest whole number and ignore the percentage sign. For example, if your answer is 0.45 or 45%, fill in 45; if your answer is 0.76 or 76%, fill in 76.
Your answer is .
d. What resource has the highest utilization rate? Input 1 for washing machine, input 2 for waxing machine, input 3 for employee at C, input 4 for employee at D.
Your answer is .
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
For the next summer, CC Car Wash anticipates an increase in the demand to 80 customers per day. Together with this demand increase, there is expected to be a change in the mix of packages demanded: 40 percent of the customers ask for Package 1, 30 percent for Package 2, 20 percent for Package 3, and 10 percent for Package 4. The company will install an additional washing machine to do service A. Answer the following questions based on this new situation.
e. What is the implied utilization rate for the washing machines? Round your answer to the nearest whole number and ignore the percentage sign. For example, if your answer is 0.45 or 45%, fill in 45; if your answer is 0.76 or 76%, fill in 76.
Your answer is .
f. What is the implied utilization rate for the employee at service C (wheel cleaning)? Round your answer to the nearest whole number and ignore the percentage sign. For example, if your answer is 0.45 or 45%, fill in 45; if your answer is 0.76 or 76%, fill in 76.
Your answer is .
g. What resource has the highest utilization rate? Input 1 for washing machine, input 2 for waxing machine, input 3 for employee at C, input 4 for employee at D.
Your answer is .
In: Operations Management
Jake was the owner of Top Flight Furnishings, Inc., a small corporation. Jake is the CEO, and there are no other officers. Jake used the company’s bank account as his own, used the company’s cars, and regularly took home furnishings from the store. Jake also failed to maintain liability insurance on the business. After several accidents where chair legs bought at Top Flight were falling off and causing injuries to customers, a group of customers sued the company. However, because Jake had been spending all the company’s money and had let its insurance policy lapse, the business was broke, and the customers wanted to hold Jake personally liable. Jake argues that because the business is a corporation, the liability lies with the corporation, not with him. Who is correct, Jake or the customers? Why or why not?
In: Operations Management
|
Skidmore Music Company had the following transactions in March:
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In: Accounting
Trevorrow Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During June, the company budgeted for 6,800 units, but its actual level of activity was 6,760 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for June:
Data used in budgeting:
| Fixed element per month | Variable element per unit | ||||
| Revenue | - | $ | 28.20 | ||
| Direct labor | $ | 0 | $ | 2.60 | |
| Direct materials | 0 | 10.50 | |||
| Manufacturing overhead | 37,800 | 1.30 | |||
| Selling and administrative expenses | 23,400 | 0.40 | |||
| Total expenses | $ | 61,200 | $ | 14.80 | |
Actual results for June:
| Revenue | $ | 198,068 |
| Direct labor | $ | 17,068 |
| Direct materials | $ | 68,770 |
| Manufacturing overhead | $ | 46,478 |
| Selling and administrative expenses | $ | 26,174 |
The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for June would be closest to:
Multiple Choice
$9,658 U
$9,658 F
$10,194 U
$10,194 F
In: Accounting
| Mondrian Company show the following balances. Prepare an Income statement, statement of retained earnings and a balance sheet. | |
| Cash | 14,900 |
| Accounts receivable | 6,200 |
| Supplies | 8,400 |
| Equipment | 15,900 |
| Accounts payable | 2,400 |
| Common stock | 22,000 |
| Retained earnings, Dec. 31, Year 1 | 15,900 |
| Retained earnings, Dec. 31, Year 2 | 7,200 |
| Owner Draw | 14,200 |
| Consulting revenue | 45,200 |
| Rental revenue | 17,400 |
| Salaries expense | 18,500 |
| Rent expense | 16,700 |
| Selling and administrative expenses | 8,100 |
| Mondrian Income Statement Year 2 | |
| Total Revenue | |
| Expenses | |
| Total Expenses | |
| Net Income (Revenue- Expenses) | |
| ARMANI COMPANY | |
| Statement of Retained Earnings | |
| Dec 31, Year 2 | |
| Retained earnings, Dec. 31, Year 1 | |
| Add: Net income | |
| Less: Owner Draw | |
| Retained earnings, Dec. 31, Year 2 | |
| Mondrian Company | |||
| Balance Sheet | |||
| Dec 31 Year 2 | |||
| Assets | Liabilities | ||
| Total liabilities | |||
| Equity | |||
| Total equity | |||
| Total assets | Total liabilities and equity | ||
In: Accounting
In: Accounting