Determine the effective monthly cost, the total annual cost, and the labor burden markup for the Superintendent with the following wage and benefit information. Wages Overtime Rate (50 points) 202,000 1.75 S/year 1 month Paid vacation Bonus Allowances Reimbursement Social Security Rate Social Security wage cap Medicare FUTA Rate $5000 per year $500 per quarter upto $150 per month 6.20 % $142,800 1.45% 8.0%. 5.4% credit is received if SUTA is paid on time. FUTA Limits $7,500 SUTA Rate 12.75% SUTA Limit $13,000 Worker's Comp. Rate $0.65/$100 General Liability Rate 0.65% 401(k) Matching 70% 401(k) Limit 9% $ 1250 / Month. Health Insurance (paid by employer) Another $350 is deducted from employee's paycheck. Conference $5000/year HSA FSA LFSA DCA $125/Month $225/ Month $100/Month $125/Month Assumptions: Assume SUTA was paid on time Assume employee has 2 tax dependents Assume employee will make the best use of all health/benefit accounts. Assume employee will take the full advantage of retirement benefit.