– Regular Rate $16.00/hr
– Overtime Rate $24.00/hr
– Targeted Labour Cost $11,200/wk
– Labour Hours Needed 700/wk
– Any hour worked over 40 hrs/wk must be paid overtime rate
For a 13-person team, how many additional employees will need to be hired to meet the labour hours needed without overtime?
Answers
3 additional
regards
brainly
Given :
Regular Rate $16.00/hr
– Overtime Rate $24.00/hr
– Targeted Labour Cost $11,200/wk
– Labour Hours Needed 700/wk
Any hour worked over 40 hrs/wk paid overtime rate
To Find : For a 13-person team, how many additional employees will need to be hired to meet the labour hours needed without overtime
Solution:
700 hrs needed
A worker can do maximum 40 hrs without over time
lt say x extra workers needed
Hence total worker = 13 + x
Max hrs can be worked = (13 + x) 40
(13 + x) 40 ≥ 700
=> (13 + x) 4 ≥ 70
=> 13 + x ≥ 70 /4
=> 13 + x ≥ 17.5
=> x ≥ 4.5
Hence Minimum 5 additional employees will need to be hired to meet the labour hours needed without overtime
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