Question: please use table 1 and 2 to answer part 3 ( a,b and c) thanks! PART #3 A. Based on your calculations in question 2

please use table 1 and 2 to answer part 3 ( a,b and c)
thanks!  please use table 1 and 2 to answer part 3 (
a,b and c) thanks! PART #3 A. Based on your calculations in

PART #3 A. Based on your calculations in question 2 and 100,000 units of production, what is the impact of an across the board S% raise on unit cost? B. Assume a 3% increase in benefits along with the raise in question 2. What is the cost of the benefits increase? What is its impact on unit cost? C. What other factors, besides a raise or benefit increase, might affect unit costs? How are those factors related to changes in compensation? Compensation of employees includes both direct compensation through wages and indirect through benefits. In this assignment you will calculate the total cost of compensation for your firm in its starting situation and also calculate the impact of changes in wages and benefits. 1. Calculate the total.compensation for eacheroployee level then calculate the hourly wage and hourly compensation. Assume 520 hours in the quarter: Job Quarterly Hourly Hourly Wage Level Wage Compensation Compensation $18,000 3800 21800 34.61538 41.53846 Benefits Total @ 20% s 4 $14,000 2800 16800 26.92308 32.30769 3 $12,000 2400 14400 23.07692 27.69231 N $10,000 2000 12000 19.23077 23.07892 1 $8,000 1600 9800 15.38462 18.46154 2. . You would like to give a 5%, raise to all employees, calculate the dollar amount of the raise for each Tevl. Then, given the number of employees at each Tevel, calculate the total cost of the raise--this is the amount that would be charged against the budget. Finally, calculate the total payroll amount including the raise. Job Quarterly Number of 5% Raise Cost of Raise Payroll with Raise Wage Employees Level un $18,000 900 20 18,000 378,000 4 $14,000 700 25 17.500 367,500 3 $12,000 600 50 30.000 630,000 N $10,000 500 60 30,000 830,000 1 58,000 400 500 200.000 4,200,000 Totals 655 2.950,500 8,205,500 continued on next page

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