HRM/300 Fundamentals of Human Resource Management
Job Description and Recruiting Strategies Worksheet
Conduct an interview with someone who has a career or job position that is different from your own. Identify the duties associated with his or her position, as well as any skills and abilities necessary for the position. Use the information gathered in the interview to complete the following worksheet. Answer each question in paragraph format.
JOB ANALYSIS
1. What are the duties and job responsibilities associated with the position held by the individual you interviewed?
2. What are the types of knowledge, skills, and abilities that are needed to successfully accomplish the job responsibilities?
3. Does the position require any physical tasks? If so, describe the physical tasks and state their frequency. Is there any additional information about the job that would be beneficial to include in the job description?
JOB Description
Compose a 350- to 500-word job description based on the data acquired in your interview.
Recruiting Strategies
1. What are three recruiting strategies that could be used to recruit for this job position?
2. In 350- to 500-words, compare and contrast the recruiting strategies you have chosen. Which recruiting strategy would you use to recruit for this position? Why?
1
ACC122 Final Exam - Problems (10 points each)
Student name ______________________________________ Date ______________
1. Cellular
Solution
s Inc. had a very successful year in 2013. Based on a $125 average unit selling price, monthly sales during 2013 were as follows:
January
$ 75,000
February
60,000
March
100,000
April
150,000
May
60,000
June
50,000
July
40,000
August
85,000
September
65,000
October
95,000
November
35,000
December
50,000
Total
$865,000
Mr. James, vice president of sales, is preparing the sales budget for 2014. Increased manufacturing costs will make it necessary to increase the selling price by 12 percent. Even with this price increase, the unit volume of sales is expected to increase by 25 percent. The seasonal sales pattern shown for 2013 is expected to continue in 2014.
a. Prepare the monthly sales unit and dollar budgets for the first quarter of 2014.
b. Mr. Serene is considering the possibility of raising the average selling price by 20 percent in 2014. If this action is taken, he projects that the sales volume for the year will increase by only 10 percent. What would forecasted sales in units and dollars be in 2014 if his projection is correct?
2. A company expects to begin the coming year with 6,000 ceramic pots in finished goods inventory. It expects to sell 85,000 ceramic pots and end the year with 8,000 pots in the finished goods inventory. Four pounds of clay go into each ceramic pot. The company expects to have 4,000 pounds of clay on hand at the beginning of the coming year and wishes to end the year with 6,000 pounds in inventory.
a. Prepare a production budget showing.
HRM300 Fundamentals of Human Resource ManagementJob Descripti.docx
1. HRM/300 Fundamentals of Human Resource Management
Job Description and Recruiting Strategies Worksheet
Conduct an interview with someone who has a career or job
position that is different from your own. Identify the duties
associated with his or her position, as well as any skills and
abilities necessary for the position. Use the information
gathered in the interview to complete the following worksheet.
Answer each question in paragraph format.
JOB ANALYSIS
1. What are the duties and job responsibilities associated with
the position held by the individual you interviewed?
2. What are the types of knowledge, skills, and abilities that are
needed to successfully accomplish the job responsibilities?
3. Does the position require any physical tasks? If so, describe
the physical tasks and state their frequency. Is there any
additional information about the job that would be beneficial to
include in the job description?
JOB Description
Compose a 350- to 500-word job description based on the data
acquired in your interview.
Recruiting Strategies
1. What are three recruiting strategies that could be used to
recruit for this job position?
2. In 350- to 500-words, compare and contrast the recruiting
strategies you have chosen. Which recruiting strategy would
you use to recruit for this position? Why?
1
2. ACC122 Final Exam - Problems (10 points each)
Student name ______________________________________
Date ______________
1. Cellular
Solution
s Inc. had a very successful year in 2013. Based on a $125
average unit selling price, monthly sales during 2013 were as
follows:
January
$ 75,000
February
60,000
March
100,000
April
150,000
May
60,000
June
50,000
July
40,000
3. August
85,000
September
65,000
October
95,000
November
35,000
December
50,000
Total
$865,000
Mr. James, vice president of sales, is preparing the sales budget
for 2014. Increased manufacturing costs will make it necessary
to increase the selling price by 12 percent. Even with this price
increase, the unit volume of sales is expected to increase by 25
percent. The seasonal sales pattern shown for 2013 is expected
to continue in 2014.
a. Prepare the monthly sales unit and dollar budgets for the first
quarter of 2014.
b. Mr. Serene is considering the possibility of raising the
average selling price by 20 percent in 2014. If this action is
taken, he projects that the sales volume for the year will
4. increase by only 10 percent. What would forecasted sales in
units and dollars be in 2014 if his projection is correct?
2. A company expects to begin the coming year with 6,000
ceramic pots in finished goods inventory. It expects to sell
85,000 ceramic pots and end the year with 8,000 pots in the
finished goods inventory. Four pounds of clay go into each
ceramic pot. The company expects to have 4,000 pounds of clay
on hand at the beginning of the coming year and wishes to end
the year with 6,000 pounds in inventory.
5. a. Prepare a production budget showing the number ceramic
pots that the company must manufacture to carry out these
plans.
b. Prepare a direct materials purchases budget showing the
number of pounds of clay that the company must purchase
during the year.
6. 3. The CEO of Star Coffee is interested in reviewing the May
2014 performance report for Cost Center 7-11. Prepare a brief
performance report for the CEO utilizing the following
information for Cost Center 7-11. Line items should be broken
out between direct materials, direct labor, variable overhead,
and fixed overhead.
Actual Results
Flexible Budget
Master Budget
8. 4. Using the following information, prepare a traditional income
statement and a variable costing income statement:
Sales
$5,000,000
Variable cost of goods sold
2,100,000
Variable selling expenses
850,000
Fixed selling expenses
250,000
Fixed manufacturing costs
10. 5. As the staff accountant for Investment Center 916, calculate
the October 2014 ROI, using the following information:
October 2014 profit margin
35%
October 2014 sales
$2,480,000
Assets at September 30, 2014
1,879,500
Assets at October 31, 2014
1,850,000
Round your answers to two decimal places.
11. 6. Nexus Star Inc. produces various kinds of oils. One of its
product, Product X, is made from castor oil, beeswax, aloe vera,
and a base compound.
For the next 12 months, the company's purchasing agent
believes that the cost of ingredients will be as follows:
Ingredient
Standard Cost
Castor oil
$6.50
per gallon
Beeswax
12. $4.83
per pound
Aloe vera
$18.50
per gallon
Base compound
$20.00
per gallon
The direct labor time standard is 3.50 hours per unit at a
standard direct labor rate of $12.00 per hour. The standard
overhead rates are $15.00 per direct labor hour for the standard
variable overhead rate and $13.00 per direct labor hour for the
standard fixed overhead rate.
a. Using these production standards, compute the standard unit
cost of direct materials per unit if it takes 0.50 gallon of castor
oil, 1 pound of beeswax, 0.25 gallon of aloe vera, and 1 gallon
of base compound to produce one unit of product X. Round
values to two decimal places.
b. Using the standard unit cost of direct materials per case
determined in (a) and the production standards given for direct
labor and overhead, compute the standard unit cost of one unit
of product X.
13.
14. 7. Rose Corporation provides you the following budgeted cost
information for July, 2014.
Budgeted variable costs
Per unit
Direct materials
$5
Direct labor
$4
Overhead
$8
Budgeted fixed overhead
$90,000
The company has a normal capacity of producing 9,000 units.
However, in July, the company produced 9,500 units by
incurring the following costs.
Actual variable costs
15. Per unit
Direct materials
$57,000
Direct labor
$47,500
Overhead
$57,000
Actual fixed overhead
$85,000
Prepare a performance report for July, 2014, to compare the
data from Rose's flexible budget with the actual costs incurred.
Also find if costs are under or over budgeted.
8. Golf Pro Inc. makes wood drivers for the professional golfer.
Because of the clientele of users, only the finest materials can
be used, and the quality of craftsmanship must be high. The
following cost, quantity, and time standards have been set for
2014:
Direct materials: 2 board-feet of wood @ $20 per board-foot
and 2 feet of leather strip @ $5 per foot
Direct labor: Cutting Department, 0.6 hour per driver at $10 per
hour; Shaping/Finishing Department, 1.4 hours per driver at $15
16. per hour
Overhead: variable, $5 per direct labor hour; fixed, $8 per
direct labor hour
The wood is added at the beginning of the cutting process and
the leather strip at the beginning of the shaping/finishing
process.
Compute the standard cost per driver.
17. 9. Regis Company has a tax rate of 25 percent and is
considering a capital project that will make the following
18. annual contribution to operating income:
Cash revenues
$130,000
Noncash revenues
10,000
Cash expenses
(30,000)
Depreciation
(35,000)
Operating income before income taxes
$75,000
Income taxes
(18,750)
Operating income
$56,250
Determine the net cash inflows for this project using the:
a. receipts and disbursements method (show calculations).
b. income adjustment procedure (show calculations).
19.
20. 10. The following data have been gathered for a capital
investment decision.
Cash inflows:
Year 1
$50,000
Year 2
60,000
Year 3
40,000
Year 4
50,000
Year 5
40,000
The minimum rate of return for this investment is 14 percent.
The present value factors for a 14 percent discount rate are as
21. follows:
End of Period
Present Value of $1
Present Value of an Annuity of $1
1
.877
.877
2
.769
1.646
3
.675
2.321
4
.592
2.913
5
.519
3.432
6
.456
3.888
a. Compute the present value of each of the cash inflows of the
22. investment.
b. What would have been the present value of the cash flows if
they were received in equal installments over the five-year
period at the same discount rate? (Assume the total cash inflows
remain same.)
c. If the answers to parts (a) and (b) differ, explain the reason(s)
why.