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Exercise 9 - 5 2 ( Algo ) Time - Driven ABC for an Administrative Service ( LO 9 - 8 , 9 ) The
Exercise Algo TimeDriven ABC for an Administrative Service LO The manager of the Personnel Department at Binder City has been reading about timedriven ABC and wants to apply it to that department. The manager has identified four basic activities Personnel Department employees spend most of their time on: Interviewing, Hiring, Evaluation, and Exit. The department employs staff members who perform these activities. The manager provides the following estimates for the amount of time it takes to complete each of these activities: Interviewing: minutes. Hiring: minutes. Evaluation: minutes. Exit: minutes. Employees in Personnel work hour weeks with four weeks for vacation. Of the hours, are reserved for administrative tasks, training, and so on The costs of the Personnel Department, including any allocated costs from other staff functions, are $ During the year, Personnel conducted interviews, made hires, made evaluations, and had separations. Note: Assume weeks in a year Required: a What is the cost per minute for activities in Personnel? Note: Round your answer to decimal places. b What is the cost of interviewing and hiring one employee? Note: Round your intermediate calculations and final answer to decimal places. c How many minutes of unused capacity did Personnel have for the year? d What was the cost of the unused capacity in Personnel? Note: Round your intermediate calculations to decimal places and round your final answer to the nearest whole dollar.
Exercise Algo TimeDriven ABC for an Administrative
Service LO
The manager of the Personnel Department at Binder City has been reading
about timedriven ABC and wants to apply it to that department. The manager
has identified four basic activities Personnel Department employees spend
most of their time on: Interviewing, Hiring, Evaluation, and Exit. The department
employs staff members who perform these activities. The manager provides
the following estimates for the amount of time it takes to complete each of
these activities:
Interviewing: minutes.
Hiring: minutes.
Evaluation: minutes.
Exit: minutes.
Employees in Personnel work hour weeks with four weeks for vacation.
Of the hours, are reserved for administrative tasks, training, and so on
The costs of the Personnel Department, including any allocated costs from
other staff functions, are $ During the year, Personnel conducted
interviews, made hires, made evaluations, and had
separations. Note: Assume weeks in a year
Required:
a What is the cost per minute for activities in Personnel?
Note: Round your answer to decimal places.
b What is the cost of interviewing and hiring one employee?
Note: Round your intermediate calculations and final answer to decimal
places.
c How many minutes of unused capacity did Personnel have for the year?
d What was the cost of the unused capacity in Personnel?
Note: Round your intermediate calculations to decimal places and
round your final answer to the nearest whole dollar.
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