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ioda
3 years ago
14

an employee has an annual salary of $48,700. they receive $1,530 in health insurance and $2,810 in paid time off per year. they

drive their personal vehicle for work which costs them $500 per month, but the company reimburses them $0.53 per mile for the total work miles driven. if the employee drives 9,000 miles for work for the year, what will be their total employment compensation?
Mathematics
2 answers:
Tema [17]3 years ago
7 0
Annual salary = 48, 700
Health Insurance= 1530
Paid time off= 2810

Employment compensation= Annual salary+Health Insurance + Paid time off
                                           = 58700+1530+2810
                                            = 53,040
Expenses= Vehicle cost per year-  reimbursement
                 =(500*12)-0.53*9000
=6000-4770
=1230 per year
Total compensation= 53,040-1230
                               = 51810 dollars

Anna [14]3 years ago
6 0
Compensation for the year:$51,810(deducting vehicle expense)

An employee makes 48,700+1,530(health insurance)+2,810(paid time)=

53,040.  Also they receive 0.53 per mile x 9,000 miles=4,770

53,040 +4,770=57,810(employment compensation)

Personal work vehicle expense: 500 x 12 months=6,000

57,810 - 6,000= 51,810
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