At Hamill Manufacturing of Pennsylvania,highly skilled senior machinists are paid $70,000,excluding benefits,but the average skilled machinist generates approximately $137,000 in value added.This is due partially to the fact that the wage rate includes other costs,such as employee benefits,that have to be added to the $70,000 salary.

Question

Quizplus · Accepted Answer

The statement is true. The average skilled machinist generates more value added than their $70,000 salary, which includes additional costs such as benefits.

At Hamill Manufacturing of Pennsylvania,highly Skilled Senior Machinists Are Paid