Question

The Digby company will continue to train their existing workforce at their current level to help reduce turnover and improve productivity next year. Employee training costs have increased to $30 per hour. How much would their training costs per employee be to the nearest dollar

Answer 1

$1200

Step-by-step explanation:

The training cost per hour is $30 and if we see below in the Human Resources Summary, we can see that Digby Training Hours are 40 Hours.

This implies that:

Total Training Cost = 40 Hours * $30 per hour = $1200

Answer 2

$1,200

Step-by-step explanation:

Data provided

Number of training hours = 40

Per unit cost = $30 per hour

According to the given situation, the computation of training costs per employee is shown below:-

Total cost = Number of hours × Per unit cost

= 40 × $30

= $1,200

Therefore for computing the training costs per employee we simply applied the above formula.