employee opinions math quiz question 2 of 10: a company - wide survey identifies two programs that would…

employee opinions math quiz question 2 of 10: a company - wide survey identifies two programs that would boost employee satisfaction. one program costs a flat fee of $12,000 per year; the other costs 2% of total payroll. your total payroll is $320,000 per year. what will it cost you to implement both programs for next year? a) $6,400 b) $12,000 c) $14,400 d) $18,400

employee opinions math quiz question 2 of 10: a company - wide survey identifies two programs that would boost employee satisfaction. one program costs a flat fee of $12,000 per year; the other costs 2% of total payroll. your total payroll is $320,000 per year. what will it cost you to implement both programs for next year? a) $6,400 b) $12,000 c) $14,400 d) $18,400

Answer

Explanation:

Step1: Calculate cost of 2% - payroll program

$320000\times 0.02 = 6400$

Step2: Calculate total cost of both programs

$12000 + 6400=18400$

Answer:

d) $18,400$