The HIM coding 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 employees salary. How much must the supervisor budget for the employee's salary and fringe budget?
3 answers
13.50 * 2080 * 1.24 = ?
(13.50)(2080)(1.24)=34819.2
Why is it 1.24 instead of .24?
1 answer