Who was benefited and who was harmed by don actions

Assignment Help Financial Accounting
Reference no: EM13510934

At Timmons Manufacturing Company, production workers in the Painting Department are paid on the basis of productivity. The labor time standard for a unit of production is established through periodic time studies conducted by DeVito Management Consultants. In a time study, the actual time required to complete a specific task by a worker is observed. Allowances are then made for preparation time, rest periods, and clean-up time. Don Carmen is one of several veterans in the Painting Department. Don is informed by DeVito that he will be used in the time study for the painting of a new product. The findings will be the basis for establishing the labor time standard for the next 6 months. During the test, Don deliberately slows his normal work pace in an effort to obtain a labor time standard that will be easy to meet. Because it is a new product, the DeVito representative who conducted the test is unaware that Don did not give the test his best effort.

Instructions
(a) Who was benefited and who was harmed by Don's actions?
(b) Was Don ethical in the way he performed the time study test?
(c) What measure(s) might the company take to obtain valid data for setting the labor time standard?

 

Reference no: EM13510934

Questions Cloud

Find the work done by the net force on the block : A block of mass m = 3.20 kg is pushed a distance d = 6.40 m along a frictionless, Determine the work done by the net force on the block
How much work is done by the motor : The flywheel of a motor has a mass of 300 kg and a moment of inertia of 580 kg*m^2 The motor develops a constant torque of 2000 N*m and the flywheel starts from rest. How much work is done by the motor during the first 4.00 revolutions
Calculate the average power supplied by the child : A playground merry-go-round has a radius of 4.40 m and a moment of inertia of 255 kg*m^2 and turns with negligible friction about a vertical axle through its center. What is the average power supplied by the child
Compute the standard cost of the ingredients : Compute the standard cost of the ingredients for one gallon of wine. (Carry computations to two decimal places.)
Who was benefited and who was harmed by don actions : What measure(s) might the company take to obtain valid data for setting the labor time standard?
Find the acceleration of the shell : A hollow spherical shell with mass 2.00 kg rolls without slipping down a 38.0 degree slope, Find the acceleration of the shell
How high is the rise above the fairway : A golfer tees off from the top of a rise, giving the golf ball an initial velocity of 43 m/s at an angle of 30o above the horizontal. How high is the rise above the fairway
Compute the labor rate and labor efficiency variances : At the beginning of the year, Shults Company had the following standard cost sheet for one of its plastic products.
What is its kinetic energy at this moment : A 2.40-kg object has a velocity (5.60 - 1.20 ) m/s. (Note: From the definition of the dot product, v2 = · .) What is its kinetic energy at this moment

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd