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Big Game, Inc, is a manufacturer of hunting supplies. The following is a summary of the company's annual payroll-related costs. Wages and salaries expense (of
Big Game, Inc, is a manufacturer of hunting supplies. The following is a summary of the company's annual payroll-related costs. Wages and salaries expense (of which $2,200,800 was withheld from employees' pay and forwarded directly to tax authorities) Payroll taxes Workers' compensation premiums Group health insurance premiums Contributions to employees' pension plan $7,266,0ee 580,800 250,800 725,800 45e,800 a. Compute Big Game's total payroll-related costs for the year. b. Compute the net amount of cash actually paid to employees (their take-home pay). c-1. Express total payroll-related costs as a percentage of total wages and salaries expense. c-2. Express total payroll-related costs as a percentage of employees' take-home pay Round your percentage answers to the nearest whole percent.) a. Total payroll-related costs b. Take-home pay C-1. Total payroll-related costs as a percentage of total wages and salaries expense C-2. Total payroll-related costs as a percentage of employees take home pay 5,060.000
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