hStream TV and Movies Li I Emgt 3320 HW 3 f18.pdf Hw 3 xEmgt 3320 HW 3 f18pdf x
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hStream TV and Movies Li I Emgt 3320 HW 3 f18.pdf Hw 3 xEmgt 3320 HW 3 f18pdf x C Chegg Study | Guided So x file:///C:/users/Vetta/Downloads/Emgt96203320%20HW%203%20f18.pdf 1 /2 4. A new boss wants to estimate the costs of an offsite team-building event for her 14 employees She was able to gather the following information on a 3-day program in which she is interested in sending her team. Use the unit technique to estimate the cost per employee of this event. Assume there will 100% participation in all activities Cost Elements Cost Rate Transportation costs (The site is 60 miles away.) Van rental of S109 pay day per 14 people The van gets 16 mpg and the gas is $3.10 per gallon. Insurance costs $24 per person Accommodation costs (for 3 days and 3 nights) A double-bed room holds 2 people and has a rate of $119 per night per room. Meals are $45 per day per person A conference room costs $180 per day for a karaoke night A paintball game costs $55 per person A night journey and a day hike, each costs $35 per person A problem-solving and team-building exercise costs $160 Activities costs er 14 people A karaoke night costs $230 per 14 people for equipment and a DJ 9:22 PM O Type here to searchExplanation / Answer
Transportation cost break up :
Van rental per person =$109/14 =$7.785
Journey cost for travelling 60 miles = 60 miles/ 16 mpg x $3.10 per Gallon =$3.75 x 3.10 =$11.625
Therefore, journey cost per person = $11.625 /14 = $0.830
Insurance cost = $24 per person
Transportation cost per person = $7.785 + $0.830 + $24 =$32.615
Accommodation cost :
Double bed room rent for program duration of 3 days ( double occupancy basis ) = $119 x 3 = $357
Therefore , room rent chargeable per person for the program = $357/2 = $178.5
Meals chargeable per employee = $45 / day x 3 days = $135
Cost of conference room for karaoke night per person = $180 /14 = $12.857
Therefore total cost per employee
= room rent per employee + meals per employee + Karaoke night cost per employee
= $178.5 + $135 +$12.857
= $326.357
Activities cost :
Pintball game cost per employee = $55
Night journey and day hike per employee = $35
Problem solving and team building exercise per person = $160/14 = $11.428
Karaoke night equipment cost = $230/14 = $16.428
Total activities cost per employee
= Pintball game cost + Night journey and day hike cost + Problem solving and team building exercise + Karaoke night equipment cost
= $55 + $35 + $11.428 + $16.428
= $117.856
Cost per employee for this event
= Sum of costs per employee for“Transportation” , “Accommodation” and “Activities”
= $32.615 + $326.357 + $117.856
= $476.828 ( $476.83 rounded to 2 decimal places )
Cost per employee of this event = $476.83
Cost per employee of this event = $476.83
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