According to explanations provided in the Help section for the Production Cost R

Question

According to explanations provided in the Help section for the Production Cost Report, if (1) a company pays a PAT member a base wage of $19,000, a $50 quarterly bonus for perfect attendance, and annual fringe benefits of $3,200, (2) a PAT is paid a $1 incentive bonus per camera assembled, and (3) a PAT assembles 11,000 cameras per year (or 2,750 cameras per quarter), then the annual compensation cost of a single PAT member and a fully-staffed PAT would be

a.$25,150 and $100,600.

b.$19,000 and $57,000.

c.$31,200 and $124,800.

d.$29,200 and $87,600.

e.$33,400, and $133,600.

Explanation / Answer

The answer is E. $33400 and $133600.

Calculation

Annual base wage = $19000

Yearly bonus for attendance = $200

Fringe Benefits = $3200

Incentive bonus = $1 * 11000 cameras assembled per year = $11000

Summing up of all of them = $19000 + $200 + $3200 + $11000 = $33400 for every PAT member.

Hope this answers the question

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