Laboratory Expenses:

1. Employee Salary: (NOTE: 1 FTE = 2080 hours/year)

a. 1 FT Med Tech; salary is 16.50/hr

b. 1 FT Med Tech; salary is 16.50/hr + 1.50/hr shift differential

c. 1 FT Med Tech; salary is 16.50/hr + 2.25/hr shift differential

d. 2 PT Med Techs(0.6 FTE each); salary is 15.80/hr

e. 1 FT Phlebotomist; salary is 13.00/hr

f. 160 hours of overtime at 1.5 times the MT base salary (16.50/hour)

Calculate the total annual base salary (not including shift differential or overtime) for this laboratory

Calculate the annual overtime cost for this laboratory

Calculate the annual shift differential costs for this laboratory