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The deadline of this homework assignment is at 11:59 pm on next Monday (9/27). During the year, the average carpenter works 50 hours per week

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The deadline of this homework assignment is at 11:59 pm on next Monday (9/27). During the year, the average carpenter works 50 hours per week for 30 weeks, 40 hours per week for 15 weeks, and 30 hours per week for 5 weeks. The carpenter is paid time-and-a-half for any hours over 40 hours per week and receives 10 paid days (2 weeks) off per year in the form of vacation sick leave, and holidays. The employee's health insurance is paid for entirely by the employer. Assuming that the employee takes full advantage of the 401(k) benefit, determine the total average hourly cost (including all burden markups shown in the table) for the average carpenter: Item Cost Wages $12/hr Bonus $500 Allowances None Social Security 6,2% of wages to $106,800 Medicare 1.45% of wages FUTA 0.8% of wages to $7,000 SUTA 1.85% of wages to $20,000 Workers' Compensation $7.85 per $100 of wages General Liability 0.65% of wages 401(k) 50% match up to 6% of wages Health Insurance $200/month Note 1: Just enter your answer for each question and do not include unit (such as $,$/hr, hours). But you need to understand the unit for each answer before starting your calculations, Note 2: Don't panic if you received low/zero score for this assignment. I will review each answer. There will be margin of error to be considered for your credits of each question. Note 3: Read the question carefully. Each benefit item should be included into your calculations for the total average hourly cost. 1 5 points What is the total work hours (including the paid days oft)? 43,729 2 S points What is the actual wage which the carpenter received? 12.00 3 30 points What is the average hourly cost which includes the benefit package provided by the employer? Type your

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