Lucas is looking to hire the next star accountant for his local accounting firm. Lucas wants to not only hire someone who will be successful in the job, but also someone who will be promoted and maximize his financial return on the staffing investment. What type of staffing goal is Lucas using for the accountant search?

Staffing-related organizational risk can be reduced through _____________, or the planning, monitoring, and resolving of risks.

Why can complying with staffing laws be strategic?

One of the seven components of strategic staffing is talent _________, which involves assigning talent to appropriate jobs and roles within the organization.

What is the difference between Political Attitude and Political Ideology?

Acme Company’s direct labor costs are 45% of its total conversion costs. During the current year, Acme’s direct material costs are $180,000 and its manufacturing overhead costs are $68,200. What are the company’s direct labor costs? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Acme Company makes and sells a single product called a widget. Acme’s income statement for the current month is as follows: Each widget sells for $150. Variable selling expenses are $8 per widget, and the remainder of the selling expenses are fixed. Variable administrative expenses are 7% of sales revenue, and the remainder of the administrative expenses are fixed. Assume “Y” equals the total selling and administrative expenses and “X” equals the total number of widgets sold. What is the mixed cost formula for total selling and administrative expenses?

Before making its closing entries at the end of the year, Acme Company’s manufacturing overhead account has a debit balance of $29,500. During the year, the total amount of manufacturing overhead applied to jobs is $400,000, of which $280,000 is included in cost of goods sold, $88,000 is included in ending finished goods inventory, and $32,000 is included in ending work in process inventory. Assuming the amount in the manufacturing overhead account is material, the entry to correct the overapplied or underapplied manufacturing overhead will include a:

Before making its closing entries at the end of the year, Acme Company’s manufacturing overhead account has a debit balance of $26,500. During the year, the total amount of manufacturing overhead applied to jobs is $400,000, of which $280,000 is included in cost of goods sold, $88,000 is included in ending finished goods inventory, and $32,000 is included in ending work in process inventory. Assuming the amount in the manufacturing overhead account is material, the entry to correct the overapplied or underapplied manufacturing overhead will include a:

Acme Company commenced operations during the current month and uses process costing. In the first processing department, all direct materials are added at the beginning of the manufacturing process and conversion costs are incurred evenly throughout the manufacturing process. During its first month of operations, the first processing department completed and transferred out 35,000 units and the total equivalent units of production was 50,000 for direct materials and 45,500 for conversion costs. What is the percentage of completion with respect to conversion costs for the units in the first processing department’s ending work in process inventory?