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Reef Office Supplies is interested in estimating the cost involved in hiring new employees. The following information is available regarding the costs of operating the Human Resource department at Reef Office Supplies in May when there were 60 new hires.
___________Human Resource Department___________MayStaff salaries $30,000Manager salary 7,500Office supplies 300Depreciation of office equipment 500Share of building cost (based on square feetoccupied by human resources) 2,000Total $40,300
Requireda. Use account analysis to determine fixed cost per month and variable cost per new hire.b. The company is planning to hire 75 employees in June. Estimate the total cost of Human Resources for June.c. What is the expected incremental cost associated with hiring 15 more employees than were hired in May?
Profit margins and turnover ratios vary from one industry to another. What differences would you expect to find between the turnover ratios, profit margins, and DuPont equations for a grocery chain and a steel company?
What individual characteristics and qualifications should a company consider when choosing managerial candidates for foreign assignments?
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Of the remaining 80% (the credit sales), 60% are collected in the month of sale, with remaining 40% collected in the following month. What is the total cash collected (both from accounts receivable and for cash sales) in the month of January?
Juanita corporation uses a job-order cost system and applies overhead on the basis of direct labour cost. At the end of october, Juanita had one job still in process. The job cost sheet for this job contained the following info:
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