Question

A local company employs a varying number of employees each year, based on its needs. The labor costs for the company include a fixed cost of $44,604.00 each year, and $27,396.00 for each person employed for the year. For the next year, the company projects that labor costs will total $1,715,760.00. How many people does the company intend to employ next year?

A.
731
B.
125
C.
61
D.
31

Answer 1

D

Explanation:

P × R × T÷ 100

1,715,760.00×27,396.00×44,604.00÷100

2.096609278659÷100

20,966,092,786,598.4

=31