Claude Lopez is the president of Zebra Antiques. His employee, Dwight Francis, is due a raise. Dwight?s
Question:
Claude Lopez is the president of Zebra Antiques. His employee, Dwight Francis, is due a raise. Dwight?s current benefits analysis is as follows:
Transcribed Image Text:
Company Cost (Current) Yearly Benefit Costs Employee Cost (Current) Medical Insurance $8,000 $120 S1,200 Dental Insurance $120 Life Insurance $300 -0- AD&D $150 -0- Short-term Disability Long-tem Disability 401(k) Social Security $60 -0- $30 -0- $750 S1,500 $3,100 $3,100 $725 Medicare $725 $2,000 $15,235 $50,000 $65,235 Tuition Reimbursement -0- Total Yearly Benefit Costs Employee's Annual Salary Total Value of Employee's Compensation
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 78% (14 reviews)
Compute the benefits analysis assuming 7 percentincrease in ...View the full answer
Answered By
Mugdha Sisodiya
My self Mugdha Sisodiya from Chhattisgarh India. I have completed my Bachelors degree in 2015 and My Master in Commerce degree in 2016. I am having expertise in Management, Cost and Finance Accounts. Further I have completed my Chartered Accountant and working as a Professional.
Since 2012 I am providing home tutions.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Payroll Accounting 2018
ISBN: 978-1259742514
4th edition
Authors: Jeanette Landin, Paulette Schirmer
Question Posted:
Students also viewed these Business questions
-
Lopez Co. had three major business transactions during 2017. (a) Reported at its fair value of $260,000 merchandise inventory with a cost of $208,000. (b) The president of Lopez Co., Victor Lopez,...
-
Chris Anger is the president of Anger Company, and his brother, George Anger, is the vice president. Their compensation package includes bonuses of 5% for Chris Anger and 4% for George Anger of net...
-
Chris is the president of a military regalia antique business, War Arts. His employee, Barry Williams, is due a raise. Barry's current benefits analysis is as follows?
-
The value of a log is based on the number of board feet of lumber the log may contain. (A board foot is the equivalent of a piece of wood 1 inch thick, 12 inches wide, and 1 foot long. For example, a...
-
Lawrence Metal Works Inc. is a special-order manufacturer of metal products. Each period the company accumulates fairly large quantities of metal shavings and trimmings from the products it...
-
I. Describe this phenomenon as the ability to expand an organization beyond the traditional security boundaries a firm would have in place. II. Explain the concept of death of the perimeter and why...
-
The stockholders' equity LOS, 6,8 accounts of Cooper Corporation at January 1 follow: During the year, the following transactions occurred: Jan. 5 Issued 20,000 shares of common stock for \(\$ 15\)...
-
Mikkeli OY acquired a brand name with an indefinite life in 2015 for 40,000 markkas. At December 31, 2017, the brand name could be sold for 35,000 markkas, with zero costs to sell. Expected cash...
-
Snap Inc. (SNAP)'s new project is to be financed by selling $29.45 million in new debt and $37.98 million in new common equity. The before- tax required return on debt is 4.26% and 8.15% for equity....
-
Gosnell Company produces two products: squares and circles. The projected income for the coming year, segmented by product line, follows: The selling prices are $30 for squares and $50 for circles....
-
Black Robot Grill of Andrews, Texas, has the following employees as of December 31: Employee name Annual salary Mark English $45,750 Shelly Morris $21,250 TL Radford $29,850 James Morrow $36,280...
-
Using the information from P6-6B and P6-7B for Peaceful Cat Foods, complete the following State of California Form DE-9, Quarterly Contribution and Report of Wages Report. California employer account...
-
Derive the moment generating function of the Poisson random variable Y. Write Then note that the quantity being summed is a Poisson probability with parameter e t .] m(t) = E(e") = E nd'e %3! y=0 y!...
-
When a wire \(2.0 \mathrm{~m}\) long carries a 10-A current in the \(+x\) direction in a uniform external magnetic field, the magnetic force exerted by the field on the wire is \(3 \mathrm{~N}\) in...
-
Explain how dignity can be applied to AnyDomain.
-
List some business models where trust SAP can be applied. Explain them.
-
Developing any application using stability approach simplifies things. Explain and justify.
-
Explain what EBT, BO, and IO are, and how they form the basis of stability model.
-
Give a molecular level explanation as to why the surface tension of Hg(l) is not zero.
-
Representative data read from a plot that appeared in the paper Effect of Cattle Treading on Erosion from Hill Pasture: Modeling Concepts and Analysis of Rainfall Simulator Data (Australian Journal...
-
Enrique submitted a pay card reflecting the following hours. He earns $13.98 per hour. Compute his pay under both the hundredth-hour and quarter-hour systems. The company only pays overtime on hours...
-
Telemarketers receive $15 commission on all new customers they sign up for phone service through Birch Phones. Each telemarketer works 40 hours. The company ran a competition this week to see who...
-
For each of the piece-rate workers below, determine gross pay. If the employees have a standard 40-hour workweek, what is their effective hourly rate (the gross pay/40 hours)? Based on FLSA minimum...
-
Suppose you observe the following situation: Security Pete Corporation Repete Company Beta 1.85 1.54 Expected Return .195 .168 a. Assume these securities are correctly priced. Based on the CAPM, what...
-
How the key indicators that influence the pricing of financial assets in international money and capital markets can be applied in a business setting
-
What is one of the three recognition criteria for biological assets and agricultural produce? A. The entity controls the asset as a result of past events. B. The agricultural asset is mature enough...
Study smarter with the SolutionInn App