need both requirements

ch 25 lab

Lab Score: 0 of 1 pt 1 of 1 (1 complete HW Score: 0%, 0 Question Help X CP25-34 (similar to) Porcelain Computer Company's payroll accountant has submited her rooigration and will be leaving the company in two weeks. The company must decide Fit will hire a replacement or outsource Die payrol Click the icon to www the formation) Read the recents Requirement 1. Prepare a diferential analysis to determine Porcelain Computer Company should replace the employee or outsource the payroll function (Complete only the necessary anwerbe Der enter for any los Anuna 2 weekyear. For my om ander total where the cost of outsourcing payroll exceeds the cost of replacing the employee, ter difference with a minus ignor preses) Replace Outsource Difference Annual Payroll Costa Employee Payroll (ReplaceOutsource) Salary Software compliance updates Professional development Thes and bene Cost of outsourong Total i More Info X The current employee eams a salary of $48,000. Medical insurance, employer payroll taxes, and contributions to the pension plan for this position cost $5,500. The company has already invested $30,000 in payroll software. Required annual updates to remain in compliance with all state and federal laws are $325. The company also spends $1,400 per year in professional development for this position to ensure the employee stays up-to-date with payroll changes. Porcelain Computer Company pays its employees weekly. Payroll Professionals will process the company's weekly payroll for $1,700 per week. This fee also includes preparing all necessary payroll tax returns, reports, and W-2s. Print Done i Requirements - 1. Prepare a differential analysis to determine if Porcelain Computer Company should replace the employee or outsource the payroll function. 2. What other factors should Porcelain Computer Company consider in making this decision? Print Done