Number of Full Time Equivalents = _____.
A) total annual hours paid for all employees divided by the total output of all full-time employees
B) total output of all full-time employees divided by the total annual hours paid for all employees
C) total annual hours paid for all employees divided by the number of hours a full-time employee is scheduled to work
D) number of hours a full-time employee is scheduled to work divided by the total annual hours paid for all employees

Question

Quizplus · Accepted Answer

The number of full-time equivalents is calculated by dividing the total annual hours paid for all employees by the number of hours a full-time employee is scheduled to work. This will give us the number of employees that would be needed if all employees worked full-time hours.