On average,companies spent $31.57 per hour worked per employee in December 2013.Of this total,how much did they spend on wages and benefits,respectively?

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B)Managers tend to view financial compensation as both an expense and an asset.It is an expense in the sense that it reflects the cost of labor.For example,on average,companies spent $31.57 per hour worked per employee in December 2013.Of this total,companies spent $21.77 on wages and $9.80 on all employee benefits.The costs of labor continually rise.For example,the cost of wages rose,on average,1.9 percent between December 2012 and December 2013.The increase in the cost of benefits was greater,equaling 2.2 percent.

On Average,companies Spent $31