Complete Question:
Refer to the HR Report section of the Inquirer. Baldwin will continue to keep their current hourly levels of training in order to help reduce turnover and improve productivity next year. How much must be spent per employee on an hourly basis to maintain the current training commitment?
The photo of the table is attached as under:
Select: 1
$8,786
$18
$20
$30
Answer:
$20
Explanation:
We can find the training cost per employee per hour by using the following formula:
Training cost per employee per hour = Training Cost / Complement Training Hours
Here
Complement Training Hours = Number of Compliments * Number of hours
Total training hours = 80 Hours
Number of complements = 579
By putting values in the complement training hours formula, we have:
Complement Training Hours = 579 * 80 = 46,320 Hours
Total cost of training per employee Chester ($927 Given in thousands)
= $927,000
By putting the values, we have:
Training cost per employee per hour = $927,000 / 46,320 = $20.01 or $20
Option C is correct here.
