You have a budget of $1,440 per week for employees. Employees are paid $12 per hour and work 40 hours per week. Ignoring overhead, how many employees can you hire?

Question

Business

Elise Boyd

26 September, 21:00

You have a budget of $1,440 per week for employees. Employees are paid $12 per hour and work 40 hours per week. Ignoring overhead, how many employees can you hire?

+2

Answers (2)

Know the Answer?

Brynn Henry · Answer 1

You can only hire 3 employees.

Work:

$12/40 hrs = $480/employee each week

$1440 budget : $480 ^ = 3 employees

Alena West · Answer 2

3 employees

Explanation

The amount in budget to pay employees per week=$1440

Payment for 1 hour=$12

Total number of hours per week=40 hours

Number of employees that can be hired per week = $1440 : (12*40) = 3 employees