Transcriptionist B is a full-time employee earning $10.00 per hour and an annual salary of $20,800. He transcribes 900 lines per day for a total of 234,000 lines per year. What is the unit medical transcription labor cost for transcriptionist B? Round to the first decimal point and show your work. (Points : 10)
20,800 / 234,000 = $0.089 = $0.10 per line
how to calculate los
To find the unit medical transcription labor cost for transcriptionist B, we need to divide his annual salary by the total number of lines transcribed per year.
First, let's calculate the cost per line:
The annual salary of transcriptionist B is $20,800.
We know that he transcribes 234,000 lines per year.
Cost per line = Annual salary / Total number of lines
Cost per line = $20,800 / 234,000
Calculating the cost per line:
Cost per line = $0.089 per line
Therefore, the unit medical transcription labor cost for transcriptionist B is $0.089 per line.