Consider a winery that employs eight people who work 40 hours per week (full time),four people who work 20 hours per week,and one person who works 10 hours per week.How many full-time equivalent employees does the winery employ?

Question

Quizplus · Accepted Answer

To calculate the full-time equivalent employees, we need to add up the total number of hours worked and divide by the number of hours that a full-time employee works in a week (which is typically 40).

Total hours worked by full-time employees = 8 x 40 = 320
Total hours worked by part-time employees = (4 x 20) + 10 = 90
Total hours worked by all employees = 320 + 90 = 410

To calculate full-time equivalent employees, we divide the total hours worked by 40 (the number of hours a full-time employee works in a week):
410/40 = 10.25

Therefore, the winery employs 10.25 full-time equivalent employees.

Consider a Winery That Employs Eight People Who Work 40