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Q4 please help! Prilton Computer Company's paynoll accountant has submitted her revignation and will be leaving the company in two weeks. The company must decise
Q4 please help!
Prilton Computer Company's paynoll accountant has submitted her revignation and will be leaving the company in two weeks. The company must decise if it will pine a reptacement or outsource the payrol position. Viaw the information. Beod the reourements: mintes sor of parentheses ) Information The current employee earns a salary of $48,000. Medical insurance, employer payroll taxes, and contributions to the pension plan for this position cost $6,200. The company has already invested $16,000 in payroll software. Required annual updates to remain in compliance with all state and federal laws are $475. The company also spends $1,600 per year in professional development for this position to ensure the employee stays up-to-date with payroll changes. Philton 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. Requirements 1. Prepare a differential analysis to determine if Philton Computer Company should replace the employee or outsource the payroll function. 2. What other factors should Philton Computer Company consider in making this decision Step by Step Solution
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