nika earns a gross pay of $73,000. her total employee benefits are 22% of her gross pay and she has no job…

nika earns a gross pay of $73,000. her total employee benefits are 22% of her gross pay and she has no job expenses. if nika gets an increase in pay of $5,000, what will her total employment compensation be? (note: employee benefits are based on nikas original gross pay.) a. $78,000 b. $79,100 c. $94,060 d. $95,160 please select the best answer from the choices provided

nika earns a gross pay of $73,000. her total employee benefits are 22% of her gross pay and she has no job expenses. if nika gets an increase in pay of $5,000, what will her total employment compensation be? (note: employee benefits are based on nikas original gross pay.) a. $78,000 b. $79,100 c. $94,060 d. $95,160 please select the best answer from the choices provided

Answer

Explanation:

Step1: Calculate original benefits

Benefits = 22% of $73,000 = 0.22×73000 = 16060$.

Step2: Calculate new - gross pay

New gross pay = 73000 + 5000 = 78000.

Step3: Calculate total employment compensation

Total compensation = New gross pay+Benefits = 78000 + 16060 = 94060.

Answer:

C. $94,060