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What is the expected incremental cost

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Reference no: EM131824467

Exercise - Account Analysis

Reef Office Supplies is interested in estimating the cost involved in hiring new employees. The following information is available regarding the costs of operating the Human Resource department at Reef Office Supplies in May when there were 60 new hires.

Human Resource Department

May

Staff salaries - $33,000

Manager salary - 8,000

Office supplies -  300

Depreciation of office equipment - 400

Share of building cost (based on square feet occupied by human resources) -  2,000

Total - $43,700

Required

a. Use account analysis to determine fixed cost per month and variable cost per new hire.

b. The company is planning to hire 70 employees in June. Estimate the total cost of Human Resources for June.

c. What is the expected incremental cost associated with hiring 10 more employees than were hired in May?

Reference no: EM131824467

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