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Define Individual Oriented in HRM
Define Comprehensive Function in HRM
Define People Oriented in HRM
Define Features of HRM
Spray painter
Jaco Manetti is employed as a spray painter at NBW on a contract. Jaco is on contract he opted to be paid his wage on a dialy basis. As such he is renumerated on a differential piecework system based on the umber of panels he spray on a day. His supervisor is responsible for the allocation of panels to be worked on a particular. The supervisor ensure that the panel allocated would ensure a fair renumeration for Jaco. The following has been extracted for Jaco for one day in May 2021.
Standard time allowed: 20 minutes per panel
Standard work day: 9 hours
Normal wage rate: N$36 per hour
Premium: 90% of piecework rate if below standard
120% of piecework rate if standard or above standard
Jaco s production for the day 32 units
REQUIRED:
Calculate the renumeration for Jaco for the day using the differential piecework system.
What are or how should the group decision making in an organisation takes place?
List and explain the various strength that a team possess?
Panel beater
S.Slinger is employed as a panel beater at NBW. Due to the nature of his work he is remunerated on a time based system. The normal week at NBW is 45 hours. On the first week of May 2021, S. Slinger worked for 50 hours. The company pay an hourly rate of N$30 per hour. Overtime when worked is remunerated at a time at a time and half.
The following are his deduction for the week:
social security - 0.9 of normal wages
pension fund - 8% of normal wages
income tax - N$315
it is NBW s policy to contribute the same amount as the employees toward the social security fund and pension fund.
REQUIRED:
Prepare a pay slip for S. Slinger in as much detail as possible
Quarter 2020 Units purchased Cost per unit Total purchases N$ Unit sold
1 300 30 9000 300
2 400 35 14000 300
3 400 36 14400 300
4 300 37 11100 300
1400 48500 1200
Inventory at the beginning of 1st quarter was 500 units at N$29per unit and Inventory at end of 4th quarter was 700 units. Based on inventory reports for the last 5years the delivery period for gaskets has been between 1 and 2 weeks and on average 200 to 300 gaskets per quarter. 2.1 Using the FIFO method calculate the cost of goods sold
2.2Using the LIFO method calculate the cost of goods sold
2.3 What is the gross profit for the year based on FIFO cost of sales figure given a margin of 20%?
2.4 Re order level
2.5Minimum inventory level
2.6Name any three documents involved in inventory control
for each cost below , indicate whether it is direct, indirect or period cost as well as whether it is fixed or variable
Salaries
factory workers
factory mangement
Accounting
Directors
Depreciation
Factory equipment
Buildings
Purchase from creditors
Raw material
Water and electricity
Factory
Storeroom
Office
Other
Cleaners (Office)(fixed rate as per contract)
Entertainment( amount is spend every year)
Exteral audit fees as per contract
