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Calculate personnel costs of your present method with a proposed method. The current method has...

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Accounting

  1. Calculate personnel costs of your present method with a proposed method. The current method has a unit value of 30.0 minutes and you are considering a new method that has a unit value of 20 minutes. Here is some other pertinent information: Test volume is 1000 procedures per month with average productivity at 75%. Each person gets 6 weeks off per year that is paid and the average salary is $28,000 per year with an 18% benefits package.
  • Calculate the number of workload hours per year
  • Calculate the number of FTE's required for each method:

Note :unit value is the amount of minutes taken to run each test

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