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I need help with this question Kazana Medical Supplies estimates that its office employees will earn $195,000 next year and its factory employees will eam
I need help with this question
Kazana Medical Supplies estimates that its office employees will earn $195,000 next year and its factory employees will eam $950,000. The firm pays the following rates for workers compensation insurance: $0.70 per $100 of wages for the office employees and $830 per $100 of wages for the factory employees. Determine the estimated premium for each group of employees and the total estimated premlum for next year. (Round "Rate" onswers to 3 decimal places. i.e., 12.3% should be entered as 0.123. .) Step by Step Solution
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