Question
Assume that you have computed gross pay for the month to be 120,000 and that the related payroll taxes are 22,140. Employee benefits include health
Assume that you have computed gross pay for the month to be 120,000 and that the related payroll taxes are 22,140. Employee benefits include health insurance costing 1,200 per month for 15 full time employees and 401 K contributions equal to 4% of gross pay. What is the TOTAL employee cost to budget for the month? Show computations
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Investments Analysis And Management
Authors: Charles P. Jones, Gerald R. Jensen
14th Edition
1119578078, 978-1119578079
