Answer:
c. 26.60
Step-by-step explanation:
Labor hours worked that year = 55,267
Total number of hours paid that year = 59,995
The total number of hours during the year
8 hours × 5 days × 52 weeks = 2080 hours
Full Time Equivalent
[tex]FTE/year=\frac{\text{labor hours worked that year}}{\text{The total number of hours during the year}}\\\Rightarrow FTE/year=\frac{55267}{2080}\\\Rightarrow FTE/year=26.57\approx 26.6[/tex]
FTE that year was 26.6
