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help, dont know what to do replace the employee or outsource the payroll function (Complete only the necessary answer boxes. Do not enter a 0
help, dont know what to do
replace the employee or outsource the payroll function (Complete only the necessary answer boxes. Do not enter a "0" for any zer placing the employee, enter difference with a minus sign or parentheses.) ource) * More Info The current employee earns a salary of $40,000. Medical insurance, employer payroll taxes, and contributions to the pension plan for this position cost $7,600. The company has already invested $22.000 in payroll software. Required annual updates to remain in compliance with all state and federal laws are $495. The company also spends $1,750 per year in professional development for this position to ensure the employee stays up-to-date with payroll changes. Piedmont Computer Company pays its employees weekly. Payroll Professionals will process the company's weekly payroll for $1,000 per week. This fee also includes preparing all necessary payroll tax returns, reports, and W-2s. i Requirements 1. Prepare a differential analysis to determine if Piedmont Computer Company should replace the employee or outsource the payroll function. 2. What other factors should Piedmont Computer Company consider in making this decision? Print Done Clear All Score: 20 pis 1 of 1 (0 completely CP25-34 (book/static) Piedmont Computer Company's payroll accountant has submitted her resignabon and will be leaving the company in two weeks. The company must decide if it will be replacement or outsource the payroll position Click the icon to the information) Read the turns Requirement 1. Prepare a diferential analysis to determine if Predmont Computer Company should replace the employee or outsource the payroll function Complete only the necessary answer boxes Do not 52-week you for any item andior total where the cost of outsourcing payroll exceeds the cost of replacing the employee, ter rence with a minus sign of parentheses) for any Outsource Annual Payroll Costs Replace Employee Difference (Replace.Outsource) 1 More Info The current employee as a salary of $40,000 Medical insurance employer payroll faces and contributions to the person plan for this position cost $7,000 The company has already invested $22.000 in payroll soware Required annual updates to remain in compliance with a state and federal laws are $405 The company also spends $1.750 per year in professional development for this position to ensure the employee stays up-to-date with paryo changes Piedmont Computer Company pays employees w Parol Professionals w process company's weekly payroll for $1.00 per week This also includes preparing al necessary payroll tax returns, reports, and was Cost of outsourcing Cost of payroll sofware Professional development A Requirements Software compliance updates Taxes and benefits 1. Prepare a different analysis to determine Predmont Computer Company should replace the employee or outsource the payroll function 2. What other factors should premont Computer Company considerin g Choose from any list or enter any number in the input fields and then click Check Answer Print 2 remaining Clear All replace the employee or outsource the payroll function (Complete only the necessary answer boxes. Do not enter a "0" for any zer placing the employee, enter difference with a minus sign or parentheses.) ource) * More Info The current employee earns a salary of $40,000. Medical insurance, employer payroll taxes, and contributions to the pension plan for this position cost $7,600. The company has already invested $22.000 in payroll software. Required annual updates to remain in compliance with all state and federal laws are $495. The company also spends $1,750 per year in professional development for this position to ensure the employee stays up-to-date with payroll changes. Piedmont Computer Company pays its employees weekly. Payroll Professionals will process the company's weekly payroll for $1,000 per week. This fee also includes preparing all necessary payroll tax returns, reports, and W-2s. i Requirements 1. Prepare a differential analysis to determine if Piedmont Computer Company should replace the employee or outsource the payroll function. 2. What other factors should Piedmont Computer Company consider in making this decision? Print Done Clear All Score: 20 pis 1 of 1 (0 completely CP25-34 (book/static) Piedmont Computer Company's payroll accountant has submitted her resignabon and will be leaving the company in two weeks. The company must decide if it will be replacement or outsource the payroll position Click the icon to the information) Read the turns Requirement 1. Prepare a diferential analysis to determine if Predmont Computer Company should replace the employee or outsource the payroll function Complete only the necessary answer boxes Do not 52-week you for any item andior total where the cost of outsourcing payroll exceeds the cost of replacing the employee, ter rence with a minus sign of parentheses) for any Outsource Annual Payroll Costs Replace Employee Difference (Replace.Outsource) 1 More Info The current employee as a salary of $40,000 Medical insurance employer payroll faces and contributions to the person plan for this position cost $7,000 The company has already invested $22.000 in payroll soware Required annual updates to remain in compliance with a state and federal laws are $405 The company also spends $1.750 per year in professional development for this position to ensure the employee stays up-to-date with paryo changes Piedmont Computer Company pays employees w Parol Professionals w process company's weekly payroll for $1.00 per week This also includes preparing al necessary payroll tax returns, reports, and was Cost of outsourcing Cost of payroll sofware Professional development A Requirements Software compliance updates Taxes and benefits 1. Prepare a different analysis to determine Predmont Computer Company should replace the employee or outsource the payroll function 2. What other factors should premont Computer Company considerin g Choose from any list or enter any number in the input fields and then click Check Answer Print 2 remaining Clear All Step by Step Solution
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