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.
Answer
Explanation:
Step1: Calculate total compensation for Employee A
Total compensation for Employee A = Gross pay+Benefits - Job expenses Total compensation for Employee A=$57200 + 5300-800=$61700
Step2: Calculate total compensation for Employee B
Total compensation for Employee B = Gross pay+Benefits - Job expenses Total compensation for Employee B=$56900+6200 - 1400=$61700
Answer:
a. The total employments compensations for the two employees are the same.