Determine the effective monthly cost, the total ansal cost, and the labor burden markup for the Superintendent with the following wage and benefit information (50 points) Wages 202,000 s/year Overtime Rate 1.75 Paid vacation 1 month Bonus $5000 per year Allowances 3500 per quarter Reimbursement upto $150 per month Social Security Rate 6,20 % Social Security wage cap $142,800 Medicare 1.45% FUTA Rate 80%.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(c) Matching 70% 401(k) Limit 0% Health Insurance (paid by employer) $ 1250/Month. Another $350 is deducted from employee's paycheck Conference $S5000/year HSA $125/Month FSA $225/ Month LFSA $100/Month DCA $125/ Month Assumptions: Assume SUTA was paid on time Assume employee has 2 tax dependents Assume employee will make the best use of all bealth benefit accounts. Asume eenployee will take the full advantage of retirement benefit Determine the effective monthly cost, the total ansal cost, and the labor burden markup for the Superintendent with the following wage and benefit information (50 points) Wages 202,000 s/year Overtime Rate 1.75 Paid vacation 1 month Bonus $5000 per year Allowances 3500 per quarter Reimbursement upto $150 per month Social Security Rate 6,20 % Social Security wage cap $142,800 Medicare 1.45% FUTA Rate 80%.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(c) Matching 70% 401(k) Limit 0% Health Insurance (paid by employer) $ 1250/Month. Another $350 is deducted from employee's paycheck Conference $S5000/year HSA $125/Month FSA $225/ Month LFSA $100/Month DCA $125/ Month Assumptions: Assume SUTA was paid on time Assume employee has 2 tax dependents Assume employee will make the best use of all bealth benefit accounts. Asume eenployee will take the full advantage of retirement benefit