logo

DIGITAL REVOLUTION FOR SOCK REVIVAL.

   

Added on  2022-12-27

7 Pages1028 Words1 Views
 | 
 | 
 | 
Running head: DIGITAL REVOLUTION FOR SOCK REVIVAL
Digital Revolution for Sock Revival
Name of the Student
Name of the University
Authors note
DIGITAL REVOLUTION FOR SOCK REVIVAL._1

DIGITAL REVOLUTION FOR SOCK REVIVAL
1
Task 0
Sock revival sales custom and one-of-a-kind socks according to the order details as
placed by the customers through their online store. It manages its business by three
employees; Andres, Bernard, and Connor. Andres, Bernard are skilled employees who
manages the manufacturing of the socks and Connor is responsible for the sales and delivery
of the products for Sock revival. Following is the shift details of the employees to provide an
over view about the operation of the business organization.
Nam
e Days
Day
Count
Shift
hours
Overt
ime
Total
Shift
Hour
And
res Mondays, Tuesdays and Wednesdays; 3 7.5 3 25.5
0
Bern
ard Thursdays and Fridays 2 7.5 15
0
Con
nor
Mondays, Tuesdays, Wednesdays,
Thursdays, Fridays and Saturdays 6 4.5 3 30
Task 1
In order to calculate the complete operational details of the business of sock revival,
the payable to the replacement worker, utility cost, insurance cost and finally the payable to
the three permanent employees. For the employees, standard six days working day is
considered for calculating the cost.
Following table depicts all the considered costs for calculating the operational cost for the
organization.
Name Days Day Shif Ove Total Pay Wek
DIGITAL REVOLUTION FOR SOCK REVIVAL._2

DIGITAL REVOLUTION FOR SOCK REVIVAL
2
Cou
nt
tho
urs
rti
me
Shift
Hour
/
Ho
ur
ly
Pay
Andres
Mondays, Tuesdays and
Wednesdays; 3 7.5 3 25.5
$
26.0
0
$
663.
00
0
$
-
Bernard Thursdays and Fridays 2 7.5 15
$
26.0
0
$
390.
00
0
$
-
Connor
Mondays, Tuesdays,
Wednesdays,Thursdays,
Fridays and Saturdays 6 4.5 3 30
$
24.0
0
$
720.
00
Replacement
worker for 4
Weeks 70.5
$
39.0
0
$
2,74
9.50
Yearly
Payable to
Employees
Andres
$
34,476.00
Bernard
$
20,280.00
Connor
$
37,440.00
Replaement
Worker
$
10,998.00
Total
$
1,03,194.00
Insurance
Cost
$
9,100.00
Utility
cost($260/Mo
nth)
$
3,120.00
Total
Operational
Cost
$
1,15,414.00
DIGITAL REVOLUTION FOR SOCK REVIVAL._3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents