Lucy Works 40 Hours a Week in the Health Information

question 7

Multiple Choice

Lucy works 40 hours a week in the health information management department at Masters Hospital at a rate of $22/hour. Additionally, she receives benefits that are valued at 35% of her base salary. Calculate the labor cost and the compensation.

• A) $43,760 and $13,104
• B) $37,104 and $50,544
• C) $45,760 and $13,104
• D) $16,016 and $45,760

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Definitions:

Feedback

Information provided regarding aspects of one's performance or understanding, aimed at improving or guiding future actions.

Fine-Tuning

The process of making small adjustments to improve or optimize a system, product, or performance.

Knowledge Test

A method or tool used to evaluate a person's understanding or proficiency in a specific area or subject.

Promotion

The act of elevating an employee to a higher position or rank within an organization, often accompanied by increased responsibilities and benefits.