Question

If gross pay increases by $500, total employee benefits increase by $200 and total job expenses decrease by $300, then total employment compensation _____.
a.increases by $400

b.increases by $700

c.increases by $800

d.increases by $1,000

Answer 1

Answer:

Option (d) increases by $1,000

Explanation:

Data provided in the question :

Increase in gross pay = $500

Increase in employee benefit =  $200

Decrease in the total job expenses = $300

Now,

The increase in total employment compensation

= Increase in gross pay + Increase in employee benefit + Decrease in the total job expenses

= $500 + $200 + $300

= $1,000

Hence,

Option (d) increases by $1,000