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Question

**A policy clerk can sort and file 170 original , signed insurance policies per hour.**

An office manager supervises five data-entry workstations . The cost of each workstation is as follows : wages , 1,950 hours per year @ $10.80; fringe benefits, 25 % of wages ; space, 60 square feet @$18.50 per square foot per year ; data terminal rental , $50 per month; supplies ,$2 75 per year; other costs, $1,300 per year. What is the total yearly cost of the five stations?

Solution

VerifiedStep 1

1 of 6$1,950 \times \$10.80=\$21,060$

The wage is the product of the number of hours and the hourly rate.

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