Flott Company has ten employees who each earn $160 per day. If they accumulate vacation time at the rate of 1.5 vacation days for each month worked, the amount of vacation benefits that should be accrued at the end of the month is

Question

Quizplus · Accepted Answer

Each employee earns 1.5 vacation days for each month worked, so in one month each employee accrues 1.5 vacation days * 10 employees = 15 vacation days.

If each employee earns $160 per day, then 15 vacation days * $160 per day = $2400 in vacation benefits should be accrued at the end of the month.

Therefore, the correct answer is C.

Flott Company Has Ten Employees Who Each Earn $160 Per