Answer: Option B
Explanation: In simple words, positive reinforcement means motivating someone to perform a job more efficiently and frequently by offering them some reward for doing so. While punishment refers to penalizing someone for any offense.
In the given case, James has been offering the incentives to his employees but have also made a clause to withhold them in case of unprofessional behavior.
Thus, from the above we can conclude that the correct option is B .
The system that compares actual results to a budget so that significant
deviations can be flagged and investigated further is called management by
exception
Management by exception is the type that helps the managers to focus on
the most important variances while ignoring unimportant changes between
the budget and actual results.
This is commonly used in budgets preparation to ensure that the important
factors which may affect project completion are taken into consideration to
prevent shortages.
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Answer:
1. $3.18 and $2.55
2. expected annual activity
Explanation:
The computation of the predetermine overhead rate is shown below:
1. For Expected actual activity, it is
= (Overhead for the coming year) ÷ (completed jobs × direct labor hours)
= ($15,600) ÷ (140 jobs × 35 direct labor hours)
= $3.18
And, for Theoretical activity, it is
= (Overhead for the coming year) ÷ (completed jobs × direct labor hours)
= ($15,600) ÷ (175 jobs × 35 direct labor hours)
= $2.55
2. Based on the predetermined overhead rate, the expected actual activity has highest predetermined overhead rate as compared to the theoretical activity
So the Reggie should use the same