Small Orange Fine Foods is a specialty grocery store. The employees are classified according to job titles

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Small Orange Fine Foods is a specialty grocery store. The employees are classified according to job titles for workers’ compensation insurance premium computation purposes.
a. Based on the payroll estimates as of January 1, what is the total estimated workers’ compensation premium for 20XX?

b. The actual payroll for 20XX is listed below. What is the workers’ compensation premium based on the actual payroll?

c. What is the difference between the actual and the estimated premiums?

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Related Book For  book-img-for-question

Payroll Accounting 2023

ISBN: 9781264415618

9th Edition

Authors: Jeanette M. Landin, Paulette Schirmer

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