Question: Please solve this question steps by steps. Do not use any excel spreadsheet to solve this. Due: Tuesday, November 15, 2022 Part l: Effective cost
Please solve this question steps by steps. Do not use any excel spreadsheet to solve this.
Due: Tuesday, November 15, 2022 Part l: Effective cost per hour - 1 shift (8 hours) per day - 5 holidays - 7 days vacation - Fringe: 38% of base wage - Base hourly wage: $11.40 per hour - 30 minute lunch (paid) plus two 15 minute breaks (paid) per day 1. What is the effective cost per hour per employee? Part II: Reduction in labor cost
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