What it costs metronics to employ 1 person for a full year

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ABC Ltd. designs and builds electronic monitoring systems. All employees are full time and work a 35-hour work week. ABC pays its employees on AVERAGE of $20 per hour.

1. Calculate what it costs Metronics to employ 1 person for a full year.

2. If each employee gets 4 weeks of vacation and 10 statutory holidays each year calculate the total cost of time not worked for a single employee. NOTE: you must show your calculations to receive ANY marks for this question.

Reference no: EM132985358

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