1. SECTION
13-7
Employee Training pp

2. Key Words to Know release time (p. 443)
Time an employee spends away from a job for which a business will still pay a regular salary, such as for a training program.

3. Formula Total = Cost of + Cost of + Additional
Training Release Instruction Costs
Costs Time

4. Example 1
Walther chose eight employees to attend a training program in Computer Assisted Manufacturing (C.A.M.) held within the company. The employees were paid their regular wages while attending the 2-day program. Their combined wages amounted to $512 a day.

5. Example 1 (cont.)
The production control manager, who earns $168 a day, was the course instructor. Refreshments were brought in twice a day at a cost of $45.70 per day. Supplies for the program amounted to $35 per person.
What was the total cost of the training program?

6. Example 1 Answer: Step 1 Find the cost of release time.
2 days × $ = $1,024.00

7. Example 1 Answer: Step 2 Find the cost of instruction.
2 days × $ = $336.00

8. Example 1 Answer: Step 3 Find the additional costs.
(2 × $45.70) + (8 × $35.00) =
$ $ = $371.40

9. Example 1 Answer: Step 4 Find the total training cost.
Cost of + Cost of + Additional
Release Instruction Costs
Time
$1, $ $ = $1,731.40

10. 444:1-14