Problema Solution
The health food store you manage employs 7 clerks. Individual hourly wages are$6.10, $6.45, $6.75, $7.00, $7.25 and $8.50. If each employee has two weeks unpaid vacation and works 8 hours a day, 5 days per week and is paid for all holidays, what is the total amount of annual payroll for the checks?
Answer provided by our tutors
There are 52 weeks/year. These workers are only getting paid for 50weeks/year. Annually, each worker is getting paid:
50weeks/year (5days/week)(8hours/day)($x/hour)=2000x dollars per year
where 'x' is their hourly wage. Therefore, the total amount of annual payroll for the all the checks combined is:
2000(6.10+6.45+6.75+7+7.25+8.50)=$84,100