Question
The manager of the Personnel Department at Binder City has been reading about time-driven ABC and wants to apply it to that department. The manager
The manager of the Personnel Department at Binder City has been reading about time-driven 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 seven 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: 40 minutes.
Hiring: 45 minutes.
Evaluation: 85 minutes.
Exit: 105 minutes.
Employees in Personnel work 37.5-hour weeks with four weeks for vacation. Of the 37.5 hours, 5 are reserved for administrative tasks, training, and so on. The costs of the Personnel Department, including any allocated costs from other staff functions, are $1,244,880. During the year, Personnel conducted 1,160 interviews, made 670 hires, made 6,600 evaluations, and had 520 separations.
The manager of the Personnel Department decides that the estimate of the activities might be too simple in two ways. First, the time to interview depends on the level of the position for which a candidate is sought. The personnel manager estimates that for a candidate at the manager level, the additional interviewing time is 90 minutes. (Personnel Department employees only conduct the initial interview, but they accompany the candidate for interviews by the hiring executive or CEO.) For a candidate at the executive level, the additional time for interviewing is 240 minutes (in addition to the time required for a manager).
The second issue the personnel manager identified is that the time for exit processing depends on whether the exit is voluntary. The manager estimates that an involuntary exit requires an additional 150 minutes of personnel time.
Required:
What is the total time required for the interviewing activity?
What is the total time required for the separation processing activity?
What is the cost of interviewing a manager? An executive?
What is the cost of a voluntary exit? An involuntary exit?
PLEASE ANSWER ASAP BY 10 TOMORROW MORNING
PLEASE MAKE SURE ANSWERS ARE CORRECT
d. What is the cost of a voluntary exit? An involuntary exit? Complete this question by entering your answers in the tabs below. What is the total time required for the interviewing activity? Complete this question by entering your answers in the tabs below. What is the total time required for the separation processing activity? Complete this question by entering your answers in the tabs below. What is the cost of interviewing a manager? An executive? Note: Do not round intermediate calculations. Complete this question by entering your answers in the tabs below. What is the cost of a voluntary exit? An involuntary exit? Note: Do not round intermediate calculations. Round your answers to 2 decimal placesStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started