Question

Labor Information
-Regular Rate $15.00/hr
-Overtime Rate $22.50/hr
-Targeted Labor Cost $12,000/wk
-Labor Hours Needed 800/wk
-Any hour worked over 40 hrs/wk must
be paid overtime rate
How many workers are needed to meet the targeted labor cost?
20
36
300
534
800

Answer 1

The number of workers required to meet the labor demand of 800hr/wk is 20.

Data;

• Regular rate = $15.0/hr
• Overtime rate = $22.50/hr
• Labor hours needed = 800/wk
• Any hour above 40 hours = overtime

Number of Workers Required to meet labor cost

The number of workers need to meet the labor cost can be calculated as

$\frac{800}{40} = 20$

The number of workers required to meet the labor demand of 800hr/wk is 20.

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