Where there are math/application problems, you may show your work if you are unsure, for partial credit. Remember, I'm grading attempt, not total success. I want to see your thought processes. For calculations, you may use the software at using the software available from https://orgtools.shinyapps.io/IIP3/. Inter-Capital Limited is a 500-employee firm faced with a high absenteeism rate (Exercise 2 in Chapter 4). a. 3.7% annual absenteeism rate over the 1960 hours that each employee is scheduled to work. b. 15% of absentees are blue collar, with an average wage of $26.96/hr. c. 55% are clerical employees, with an average wage of $22.25/hr. d. Remainder are management and professional workers, with average salary of $44.75/hr. e. An additional 35% of each employees salary is spent on benefits. Page 2 of 2 Continued f. Employees are not paid if they are absent from work. g. In the last six months, supervisors estimate they spend an hour a day managing absentee problems and they work 245 days/yr. h. Supervisor average salary is $28.90/hr. i. 20 supervisors deal with absenteeism. j. Costs incidental to absenteeism include temporary help and lost productivity and are about $890,000. k. How much is absenteeism costing Inter-Capital Limited per year per employee?