. Calculate the following 1. Total cost of employee 2. Effective Hourly cost of employee 3. Labor burden markup Wages - $21/hr. Number of hrs. - 2500 (hrs.) O.T. rate - 1.6 times Bonus - $125/quarter Allowance - 125 every 2 months Reimbursement - $50 every 2 months Social Security - 6.2% up to $142.800 Medicare - 1.45% 1 FUTA -8% up to $9,000 Assuming a waiver of 7.4% if SUTA is paid on time SUTA - 12% up to $12,500 Workers comp @ $0.75 per $100 of wages (PTI) General Liability @ 0.65% of wages (PTI) 401K -65% match up to 7% of wages (PTI) Health Insurance - $150/month paid by employer and $300/month deducted from employee paycheck Conference & Training - $500 every 6 months Union Fees - $125/quarter Paid Vacation - 150 hours The employee wants to avail the following: HSA - $200/Month DCA - $225/Month FSA - $100/Month LFSA - $125/Month Employee is expected to take the maximum benefits offered by HAS/FSA/DCA. Assumptions: Assume SUTA was paid on time Assume employee has tax dependents Assume employee will make the best use of all health benefit accounts . Calculate the following 1. Total cost of employee 2. Effective Hourly cost of employee 3. Labor burden markup Wages - $21/hr. Number of hrs. - 2500 (hrs.) O.T. rate - 1.6 times Bonus - $125/quarter Allowance - 125 every 2 months Reimbursement - $50 every 2 months Social Security - 6.2% up to $142.800 Medicare - 1.45% 1 FUTA -8% up to $9,000 Assuming a waiver of 7.4% if SUTA is paid on time SUTA - 12% up to $12,500 Workers comp @ $0.75 per $100 of wages (PTI) General Liability @ 0.65% of wages (PTI) 401K -65% match up to 7% of wages (PTI) Health Insurance - $150/month paid by employer and $300/month deducted from employee paycheck Conference & Training - $500 every 6 months Union Fees - $125/quarter Paid Vacation - 150 hours The employee wants to avail the following: HSA - $200/Month DCA - $225/Month FSA - $100/Month LFSA - $125/Month Employee is expected to take the maximum benefits offered by HAS/FSA/DCA. Assumptions: Assume SUTA was paid on time Assume employee has tax dependents Assume employee will make the best use of all health benefit accounts