Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Thinking of Central Texas, identify where you encounter products, services, or food items that should be relatively uniform and are based on standard inputs or

Thinking of Central Texas, identify where you encounter products, services, or food items that should be relatively uniform and are based on standard inputs or costs. Identify the items, their standard components, and what the standards would probably be for each item.

For example, the standard direct materials for a hamburger at a fast-food restaurant might include a bun, a hamburger patty, one teaspoon of ketchup, one teaspoon of mustard, two pickles and one piece of paper for wrapping. The standard direct labor input might be 30 seconds per hamburger.

Do you think it is beneficial for companies to assign standards, or does it create unreasonable pressure on employees to comply with the standards? What should managers do if the see that employees are not meeting the direct material or direct labor standards? What do you see as the pros and cons of standards?

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_2

Step: 3

blur-text-image_3

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

Accounting Information Systems

Authors: James A. Hall

5th Edition

0324312954, 9780324312959

More Books

Students also viewed these Accounting questions

Question

=+d) Interpret the coefficient of the dummy variable named Q3.

Answered: 1 week ago

Question

1. What is the difference between exempt and nonexempt jobs?pg 87

Answered: 1 week ago