Question

In: Accounting

A full-time technician working in the local Walk-In Clinic is paid $62,000 per year (52 weeks)...

A full-time technician working in the local Walk-In Clinic is paid $62,000 per year (52 weeks) and works 40.0 hours per week over 5 days. The fringe benefit rate is 31 percent. In 2011, a technician gets 8 holidays (Walk-In Closed), 5 sick days, and 10 vacation days.

How many full-time equivalent (FTE) technicians are required to staff the local Walk-In Clinic, 8 am to 7 pm on weekdays, and 9 am to 1 pm on Saturdays? Assume that two technicians must always be on duty during the clinic’s hours of operation.

a. 3.1435 b. 1.5717 c. 2.5255 d. 3.5755

Solutions

Expert Solution

Calculation pf Full-time equivalent (FTE) technicians required to staff the local Walk-In Clinic
Total Hours Available per FTE
Working Days in week 5
Weeks 52
Hours per week 40
Total Hours including Leave and Holidays 2080 (52*40)
Leave and Holidays
Holidays (Walk-In Closed) 8
Sick days 5
Vacation days 10
Total days of Leave and Holidays 23
Hours per day 8
Total hours of Leave and Holidays 184
Total Hours excluding Leaves and Holidays 1896 (2080-184)
Total Hours Available per FTE 1896
Total Hours required for clinic
Working hours required on Weekdays 11 (8 am to 7 pm )
Working hours required on Saturdays 4 (9 am to 1 pm )
Total Working hours required on Weekdays in year
Hours Excluding Walk in closed 3068 =(52 week *11 hrs*5 day)+(52 week*4 hrs* 1day)
Less - hours inn Holiday (Walk in Closed) 88 = 8 * 11
(It is assumed that clinic is closed on Working days for holiday)
Hours required for one FTE 2980
No. of hour required for two FTE 5960 =2980 * 2
Total Hours required for clinic 5960
Full-time equivalent (FTE) technicians required to staff the local Walk-In Clinic
= Total Hours required for clinic /Total Hours Available per FTE 3.1435 =5960/1896
Thus the correct answer is a - 3.1435

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