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5: Based on the number of new employees hired, in one pay period, how much does the company pay in employee wages and fringe benefits
5: Based on the number of new employees hired, in one pay period, how much does the company pay in employee wages and fringe benefits for all employees? (Include the pay of old employees and new employees. Assume every employee works exactly 40 hours per week. Note that new employees also get fringe benefits once per 2-week pay period.) Question 6: Suppose It costs $4.72 in suppiles to produce 1 skateboard. Your company has fixed monthly costs of $220.00. The other monthly costs are employee wages (old employees and your new employees each work 40 hours per week with no overtime, which you previously computed the amount of over a pay period) and supplies for production. Assuming I month is 4 weeks, what should the price of each skateboard in order to break even over the course of a month, if 60480 skateboards are produced each week? Question 7: Using the same employee costs, cost to produce a widget, and fixed monthly costs, your company decides to set the price of each skateboard to be $11.26, again with 60480 skateboards are produced each week. What is the monthly profit
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