Question

Using the Smith's BBQ Report, all of your hourly personnel are getting a promotion this week. As a result, your hourly wages for next week will be 8% more than the current week. What will be the approximate Total Payroll Variance from the current week to next week if all other factors remain the same?A 156B 9265C 842D 686

Answer 1

Given:

The current week hour wage is 8579

Total payroll =14081.

The hourly wage will be increased 8 %.

The 8% of 8579 is

`=(8)/(100)*8579=686.32`

The hourly wage will be increased by 686 next week.

The total payroll also will be increased by 686.

So the total Payroll Variance from the current week to next week is 686.

Hence option D is correct.