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The health information managemnet supervisor agrees to pay a new graduate $13.50 per hour. This is a full-time coding position at 2,080 hours per year. The cost for a full-time employee's fringe benefits is 24 percent of the employee's salary. How much must the supervisor budget for the employee's salary and fringe benefits?
3 answers
$13.50 x 2080 = 28080
$24/100 x 28080= $6739.2
$28080+$6739.2 = $34, 819.2
$24/100 x 28080= $6739.2
$28080+$6739.2 = $34, 819.2
Right!!! :-)