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CaseStudy of Data Anlysis

The document provides payroll summary information for 57 employees. It states the average employee wage is $9.75 per hour, employees work 40 hours per week, for 52 weeks per year. Benefits are calculated at 14.8% of wages. The total annual wage expense is $1,155,960 and total annual employee benefits are $171,082, giving total payroll costs of $1,327,042.

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46 views4 pages

CaseStudy of Data Anlysis

The document provides payroll summary information for 57 employees. It states the average employee wage is $9.75 per hour, employees work 40 hours per week, for 52 weeks per year. Benefits are calculated at 14.8% of wages. The total annual wage expense is $1,155,960 and total annual employee benefits are $171,082, giving total payroll costs of $1,327,042.

Uploaded by

sjoshi143
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLS, PDF, TXT or read online on Scribd
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Payroll Summary

Basic Assumptions
Number of employees 57
Average employee wage $9.75
Hours worked per week 40.00
Weeks worked per year 52
Benefits (as % of wage) 14.80%
Formula Results
Annual Wage Expense $1,155,960
Annual Employee Benefits 171,082
Total Payroll Costs $1,327,042

If the Total Payroll Costs Is constraint to 1000000 find out the No of Employee Required in this Project
Payroll Summary For Project
Basic Assumptions
Number of employees 57
Average employee wage $9.75
Hours worked per week 40.00
Weeks worked per year 52
Benefits (as % of wage) 14.80%
Formula Results
Annual Wage Expense $1,155,960
Annual Employee Benefits 171,082
Total Payroll Costs $1,327,042

Find the Total Payroll Costs for Emp. in the Range of 40-60

No of Emp. in the Range of 40-60 Total Payroll Costs


Payroll Summary
Basic Assumptions
Number of employees 57
Average employee wage $9.75
Hours worked per week 40.00
Weeks worked per year 52
Benefits (as % of wage) 14.80%
Formula Results
Annual Wage Expense $1,155,960
Annual Employee Benefits 171,082
Total Payroll Costs $1,327,042

Find the Total Payroll Costs for Emp. in the Range of 40-60 and wage between 9-15
Payroll Summary
Basic Assumptions Worst Cas Best Case
Number of employees 57 60 52
Average employee wage $9.75 12 8
Hours worked per week 40.00 48
Weeks worked per year 52 52
Benefits (as % of wage) 14.80% 16% 14%
Formula Results
Annual Wage Expense $1,155,960
Annual Employee Benefits 171,082
Total Payroll Costs $1,327,042

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