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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,eee 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 $7,310, eee 580,000 250,000 725, eee 450,00 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 0-1. Total payroll-related costs as a percentage of total wages and salaries expense 0-2. Total payroll-related costs as a percentage of employees' take home pay %
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