Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Granville Community College is considering outsourcing the maintenance of its buildings and other facilities to an outside firm for $ 3 0 0 , 0

Granville Community College is considering outsourcing the maintenance of its buildings and other facilities to an outside firm for $300,000 per year. The 2015 budget is as follows.
Click the icon to view the budget table.
Make an assumption that there are 4 workers and 1 supervisor in the firm.
The total cost per year of the insourcing option is $,(Enter your response as a whole number.)
More Info
\table[[Direct expenses,],[Wages,$1,000 per worker per month],[Benefits,70% of wages per worker per month],[Maintenance, repair, and operating supplies,$3,500 per worker per month],[Indirect expenses,],[Supervisor salary,$1,500 per supervisor per month],[Benefits,75% of wages per supervisor per month],[Other office expenses,$2,500 per supervisor per month]]
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Operations and Supply Chain Management

Authors: Cecil B. Bozarth, Robert B. Handfield

3rd edition

132747324, 978-0132747325

More Books

Students also viewed these General Management questions

Question

What the third set of molars called?

Answered: 1 week ago

Question

What is the term for permanent teeth?

Answered: 1 week ago

Question

Which teeth have the longest roots ?

Answered: 1 week ago

Question

What is the dental term for tooth decay ?

Answered: 1 week ago

Question

What is the term for the back teeth?

Answered: 1 week ago