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Managerial Basic Training
Imagine that your marketing company has just merged with a manufacturing organisation.You have been asked to help provide some 'basic' managerial training to the engineers in the research and development unit of the new sister company.Your boss has asked to see an overview of materials that you will be providing the engineers, to make sure you are covering the necessary materials.
-Refer to Managerial Basic Training (Scenario) .People in the newly merged company who work on direct tasks but do not supervise people are referred to as ________.
Direct Labor-Hours
The total hours worked by employees directly involved in the manufacturing process.
Fixed Manufacturing Overhead
The costs associated with manufacturing that do not vary with the level of production output, including rent of the facility and salaries of the staff.
Variable Selling
Costs that vary directly with the level of sales activity, such as commissions or shipping charges.
Administrative Expense
Expenses related to the general operation of a business, such as office supplies, management salaries, and utilities.
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