A company issues 240 purchase orders a month. They estimate that ...

[saraeharris]

A company issues 240 purchase orders a month. They estimate that issuing the purchase orders costs 55 of their 2,945 office personnel costs, 145 an hour for 16 hours of stock handling each month, and 12 of overhead costs of 1,340. What is the average monthly cost of issuing a purchase order?

Question 2

Molly Hamm earns 53,500 a year. Her benefits include 7.65 FICA tax and medical benefits worth 4,110 a year. Her employer also contributes 2.5 of her annual salary into a retirement program. What is the employer's total cost of employing Molly each year?

[milbourne11]

Answer to Question 1

17.09 per purchase order

Answer to Question 2

63,040.25

[saraeharris]

Excellent

[T4T]

Great answer, keep it coming