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Given the following information, determine the burdened monthly wage rate for a project manager. Assume the project manager takes full advantage of the retirement benefit.

Given the following information, determine the burdened monthly wage rate for a project manager. Assume the project manager takes full advantage of the retirement benefit.

~Wage Rate-$9,000 per month

~Gas allowance- $200 per month

~Annual Bonus- $5,000

~Social Security- 6.2 percent on the first $113,700 of wages

~Medicare- 1.45 percent of all wages

~FUTA- 0.6 percent on the first $7,000 of wages ~SUTA- 3.1 percent on the first $18,000 of wages

~Workers Compensation Insurance- $6.60 per $100.00 of wages

~General Liability Insurance- 0.8 percent of wages

~Health Insurance (Company's Portion)- $400 per month per employee

~Retirement- $0.50 per $1.00 contributed by the employee on 6 percent of the employee's wages

Please answer the following:

1. What are the annual wages for the project manager?

2. What is the cost of FUTA ?

3. What is the Social Security tax cost?

4. What is the cost of General Liability Insurance?

5. What is the cost of Workmans compensation?

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