Exercise 11.8 (Algo) Computing workers' compensation insurance premiums. LO 11- 8 Kazana Medical Supplies estimates that its office employees will earn $198,000 next year and its factory employees will earn $953,000. The firm pays the following rates for workers' compensation insurance: $0.70 per $100 of wages for the office employees and $8.30 per $100 of wages for the factory employees. Determine the estimated premium for each group of employees and the total estimated premium for next year. (Round "Rate" answers to 3 decimal places. i.e., 12.3% should be entered as 0.123.) Work Classification Estimated Earnings Office Factory Total Rate Estimated Premium $ 0