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Big Game, Incorporated, is a manufacturer of hunting supplies. The following is a summary of the company s annual payroll - related costs: Wages and
Big Game, Incorporated, is a manufacturer of hunting supplies. The following is a summary of the companys annual payrollrelated costs:
Wages and salaries expense of which $ 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
Required:
a Compute Big Games total payrollrelated costs for the year.
b Compute the net amount of cash actually paid to employees their takehome pay
c Express total payrollrelated costs as a percentage of total wages and salaries expense.
c Express total payrollrelated costs as a percentage of employees' takehome pay.
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