QUESTION 1 Assuming 520 hours in the quarter, calculate the hourly wage for job levels 2-5 and the quarterly wage for job level 1. For all employee levels, compute benefits, total compensation, and hourly compensation. Job Level 5 4 3 2 1 Quarterly Wage $19,300 $14,700 $12,100 $10,400 $ 0.00 Show your work or leave a comment $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 Benefits @ 22% Total Compensation $ 0.00 $ 0.00 $ 0.00 0.00 0.00 $ 0.00 0.00 $ 0.00 $0.00 $16.92 Hourly Wage Hourly Compensation $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 2 HE 3 36

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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QUESTION 1
Assuming 520 hours in the quarter, calculate the hourly wage for job levels 2-5 and the quarterly wage for job level 1. For all employee levels, compute benefits, total compensation,
and hourly compensation.
Job Level
5
4
3
2
1
Quarterly Wage
$19,300
$14,700
$12,100
$10,400
$ 0.00
Show your work or leave a comment
$ 0.00
$ 0.00
$ 0.00
$ 0.00
$ 0.00
Benefits @ 22%
Total Compensation
$ 0.00
$ 0.00
$ 0.00
0.00
0.00
$ 0.00
0.00
$ 0.00
$0.00
$16.92
Hourly Wage
Hourly Compensation
$ 0.00
$ 0.00
$ 0.00
$ 0.00
$ 0.00
2
HE
3
36
Transcribed Image Text:QUESTION 1 Assuming 520 hours in the quarter, calculate the hourly wage for job levels 2-5 and the quarterly wage for job level 1. For all employee levels, compute benefits, total compensation, and hourly compensation. Job Level 5 4 3 2 1 Quarterly Wage $19,300 $14,700 $12,100 $10,400 $ 0.00 Show your work or leave a comment $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 Benefits @ 22% Total Compensation $ 0.00 $ 0.00 $ 0.00 0.00 0.00 $ 0.00 0.00 $ 0.00 $0.00 $16.92 Hourly Wage Hourly Compensation $ 0.00 $ 0.00 $ 0.00 $ 0.00 $ 0.00 2 HE 3 36
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