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

The answer is C
First you subtract 44,604 from 1,715,760 to get 1,671,156 then you divide 1,671,156 by 27,396 to get 61 people