Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The manager of the Personnel Department at City Enterprises has been reading about time driven ABC and wants to apply it to her department. She

image text in transcribed
image text in transcribed
The manager of the Personnel Department at City Enterprises has been reading about time driven ABC and wants to apply it to her department. She has identified four basic activities her employees spend most of the their time on: Interviewing. Hiring, Assessment, and Separation Processing. The department employs 15 staff who perform these activities. The manager provides the following estimates for the amount of time it takes to complete each of these activities: Interviewing: 55 minutes. Hiring: 70 minutes. Assessment: 95 minutes. Separation Processing: 100 minutes. Employees in Personnel work 45-hour weeks with four weeks for vacation of the 45 hours, five are reserved for administrative tasks, training, and so on. The costs of the Personnel Department, including any allocated costs from other staff functions, are $982,000. During the year, Personnel conducted 2.200 interviews, made 575 hires, made 5,000 assessments, and had 300 separations, Required: a. What is the cost per minute for activities in Personnel? (Round your answer to 2 decimal places.) b. What is the cost of interviewing and hiring one employee? (Round your intermediate calculations and final answer to 2 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? (Round your intermediate calculations to 2 decimal places and round your final answer to the nearest whole dollar) Required: a. What is the cost per minute for activities in Personnel? (Round your answer to 2 decimal places.) b. What is the cost of interviewing and hiring one employee? (Round your intermediate calculations and final answer to 2 decim 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? (Round your intermediate calculations to 2 decimal places and round your final answer to the nearest whole dollar.) a b Cost per minute Total costs Unused minutes Cost of unused capacity C d

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Information Technology Security Audit Guidebook NIST SP 800-171

Authors: Mark A Russo CISSP-ISSAP CISO

1st Edition

1726674908, 978-1726674904

More Books

Students also viewed these Accounting questions

Question

Write a GUI program that displays a 24 tree.

Answered: 1 week ago

Question

understand the key issues concerning international assignments

Answered: 1 week ago