Design Your Own Job

question 36

Multiple Choice

Design Your Own Job
Terrence has been brought in to a high-tech company to institute family-friendly programs.He has decided that because of the diverse workforce, alternative working hours will be very attractive to the employees.
-Refer to Design Your Own Job (Scenario) .Terrence is allowing two people to split a 40-hour-a-week job.They are splitting the work and the benefits in an arrangement termed ________.

• A)a compressed workweek
• B)flexitime
• C)teleworking
• D)flexible work hours
• E)job sharing

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Definitions:

Standard Fixed Overhead Cost

The predetermined amount of fixed costs that are expected to be incurred to support operations, typically fixed for a specific period.

Direct Materials Quantity Variance

The difference between the actual quantity of materials used in production and the expected quantity, multiplied by the standard cost per unit.

Price Variance

The difference between the expected price and the actual price paid for an item.

Factory Overhead Volume Variance

The difference between the budgeted and actual overhead costs due to variations in the volume of production.