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Interpretive Dimensions provides sign language interpreters for major business conferences. Interpreters are paid an hou...

Interpretive Dimensions provides sign language interpreters for major business conferences. Interpreters are paid an hourly rate of $20. Fringe benefits are estimated to be 30 percent of wages, and employment taxes amount to 10 percent of wages.

Calculate the standard hourly rate for an interpreter. (Round answer to 2 decimal places, e.g. 52.75.)

Standard rate per hour $_____
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Answer #1

Standard rate per hour

= 20 + 30% + 20%

= 20 + (20*30%) + (20*10%)

= 20 + 6 + 2

= 28 per hour

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