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Given the following calculated burden amounts provided below, calculate the total wages and determine the burden markup for a laborer making $12/hr. and last year
Given the following calculated burden amounts provided below, calculate the total wages and determine the burden markup for a laborer making $12/hr. and last year was paid for 2200 hours of work plus 80 hours of vacation. The company had a bad year financially and no bonuses were distributed. The laborer is nonexempt and puts a minimum 40 hours each week on his/her timecard. Select the closest answer. Total Wages = Allowances =$0 SS Tax =$1545 Medicare =$362 SUTA =$218 FUTA =$68 Work Comp $336 Liability Insurance =$138 Health Insurance =$1200 (Employer portion)
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