Labor Information

Regular Rate $$\frac{16\mathrm{.}00}{h}r$

Overtime Rate $$\frac{23\mathrm{.}50}{h}r$

Targeted Labor Cost $$12,000/$wk

Labor Hours Needed $750/$wk

Any hour worked over $40hr\frac{s}{w}k$ must be paid overtime rate

For a $14-$person team, how does the actual weekly labor cost compare to the target?

$$16$ over target

$$300$ over target

$$1,160$ over target

$$1,425$ over target

$$5,625$ over target