the gross pay, benefits and job expenses for two different employees are shown below. employee a: gross pay…

the gross pay, benefits and job expenses for two different employees are shown below. employee a: gross pay $57,200, employee benefits $5,300, job expenses $800 employee b: gross pay $56,900, employee benefits $6,200, job expenses $1,400 which of the following is a true statement? a. the total employment compensations for the two employees are the same. b. the total employment compensation for employee a is less than that of employee b. c. the total employment compensation for employee a is greater than that of employee b. d. the total employment compensations for the two employees can not be compared.. please select the best answer from the choices provided
Answer
Explanation:
Step1: Calculate total compensation for Employee A
Total for A = Gross pay + Benefits - Job expenses = $57200+5300 - 800=57200 + 4500=61700$
Step2: Calculate total compensation for Employee B
Total for B = Gross pay + Benefits - Job expenses = $56900+6200 - 1400=56900+4800 = 61700$
Step3: Compare the totals
Since total for A ($61700$) is equal to total for B ($61700$), the total employment compensations for the two employees are the same.
Answer:
a. The total employment compensations for the two employees are the same.