When the performance management system uses different sources for ratings, what expectations and actions should be included in the process?
What will be an ideal response?
When the performance management system uses different sources for ratings, disagreement should be expected. It is important to ensure that employees take an active role in selecting which sources will rate which dimensions and that the employees receive feedback by source (i.e., customers said this about your performance). In addition, different weights should be assigned to scores by source, depending on their importance
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Webster, Inc has received a bid for 14,000 units
The costing estimates show that the average cost per unit for this bid will be $500. The company uses cost-based pricing and adds 20% markup to total costs. What total price will Webster ask for the entire order? A) $8,400,000 B) $7,000,000 C) $1,400,000 D) $5,600,000
Which one of the following costs would not be inventoriable?
a. Period costs b. Factory insurance costs c. Indirect materials d. Indirect labor costs