You organize an 8 -hour training for 4 hourly, local employees. The training is led by the manager who earns a salary of \( \$ 48,000 \), and by an assistant manager who earns \( \$ 36,000 \). Materials cost is \( \$ 50 / \) person and food is \( \$ 20 / \) person. If the hourly employees make \( \$ 15 / \) hour, what is the cost of this training event? \[ \$[?] \]
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To calculate the total cost of the training event, we need to consider various components. First, let's break down the costs: 1. **Salaries for the training staff**: - Manager's hourly wage: \( \frac{48,000}{2080} = 23.08 \) per hour - Assistant Manager's hourly wage: \( \frac{36,000}{2080} = 17.31 \) per hour - Total cost for 8 hours: - Manager: \( 23.08 \times 8 = 184.64 \) - Assistant Manager: \( 17.31 \times 8 = 138.48 \) - Total: \( 184.64 + 138.48 = 323.12 \) 2. **Cost of hourly employees**: - Each employee earns \( 15 \) per hour. - Total for 4 employees for 8 hours is \( 4 \times 15 \times 8 = 480 \). 3. **Materials Cost**: - \( 50 \times 4 = 200 \) 4. **Food Cost**: - \( 20 \times 4 = 80 \) Now, we sum these costs: - Training staff: \( 323.12 \) - Hourly employees: \( 480 \) - Materials: \( 200 \) - Food: \( 80 \) Total cost for the training event: \[ 323.12 + 480 + 200 + 80 = 1,083.12 \] So, the total cost of this training event is **\$1,083.12**.