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Green Bay Packers allows each employee to earn 15 paid vacation days each year with full pay. Unused vacation time can be carried over to
Green Bay Packers allows each employee to earn 15 paid vacation days each year with full pay. Unused vacation time can be carried over to the next year. If not taken during the next year, unused vacation time is lost. By the end of 2020, all but 35 of the 300 employees had taken their earned vacation time. The three employees carried over a total of 3, which represented 2020 salary of $44,989. During 2021, prior to any vacations being taken all employees of Green Bay were given a 1.6% raise. Thereafter, all of the 2020 vacation time that was carried over was used by the 35 employees. Enter dollar amounts in the following form: $XX,XXX. What is the amount Green Bay will report as wage expense in 2021 as a result of vacations earned in 2020? If none, enter $0
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