Question

The health food store that you manage employs 7 clerks. Individual hourly wages are $8.10, $8.25, $8.45, $8.75, $9.00, $9.25, and $10.50. If each employee has 2 weeks unpaid vacation and works 8 hours a day , 5 days per week and is paid for all holidays , what the total annual payroll for the clerks ?

Answer 1

Answer: $129,584 is the annual pay

Answer 2

16,848+17,160+17,576+18,200+18,720+19,240+21,840=

129,584

Explanation:

`$8.10, $8.25, $8.45, $8.75, $9.00, $9.25, and $10.50\\`

Annually= Yearly, A year has 365 days.

They work 40 hours a week, 8*5=40.

There are aprox, 10 holidays in a year. (You can change this in your work)

They have 2 weeks unpaid vacation, 14 days.

There are aprox, 52 weeks in a year. (You can change this in your work)

52 weeks - 2 weeks of unpaid vacation= 50 weeks.

Now Let's calculate the weekly income, for

$8.10*40=$324 per week.

$8.25*40=$330 per week.

$8.45*40=$338 per week.

$8.75*40=$350 per week.

$9.00*40=$360 per week.

$9.25*40=$370 per week.

$10.50*40=$420 per week.

Now Let's calculate the annually income, for each clerk.

324*50=16,200 + 648=16,848

330*50=16,500 + 660=17,160

338*50=16,900 + 676=17,576

350*50=17,500 + 700=18,200

360*50=18,000 + 720=18,720

370*50=18,500 + 740=19,240

420*50=21,000 + 840=21,840

Now the total annual payroll=

16,848+17,160+17,576+18,200+18,720+19,240+21,840=

129,584