The Nunn Co

question 117

Multiple Choice

The Nunn Co. produces a single product. Its cost structure is: Variable Cost
Fixed Cost Per Unit
Manufacturing costs $35,000 $15
Non-manufacturing costs 60,000 10
If the firm sells 5,000 units per period, what price should be charged to earn $35,000?

• A)$44
• B)$45
• C)$50
• D)$51

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Definitions:

Human Resource Planning

Identifying the numbers and types of employees the organization will require in order to meet its objectives.

Forecasting

The attempts to determine the supply of and demand for various types of human resources to predict areas within the organization where there will be labor shortages or surpluses.

Recruitment Sources

The various channels or methods through which potential job candidates can be identified, contacted, and attracted to apply for positions within an organization.

Personnel Policies

Guidelines and rules set by an organization to govern its human resource practices and manage its employees.