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what is the labor burden markup ? construction finance help . ignore the total wage amount i just need the labor burden markup. the answer

what is the labor burden markup ?
construction finance help .
image text in transcribed
ignore the total wage amount i just need the labor burden markup.
the answer options are
A. 24.56%
B. 25.39%
C. 26.98%
D. 28.27%
Assume one year is 52 working weeks and utilize the excel spreadsheet. $/Hour 11.45 48 Hours Wages Average Hours Per Week Number of Days Off Overtime Ratio Bonus 10 1.50 200 100 150 Days/Year times $/Year S/Month $/Month Allowances FICA Wage Deductions Social Security Rate Social Security Limit Medicare FUTA Rate FUTA Limits SUTA Rate SUTA Limit Worker's Comp. Rate General Liability Rate 401(k) Matching 401(k) Limit Health Insurance 6.20 96 106,800 $ 1.45 95 0.80 %6 7.000 $ 2.00 96 9,000 $ 1.24 S/$100 0.51 95 0.50 $ per $ 6.00 96 of wages 100 $/Month Union Dues Other S/ Month 5/Month What is the total wage amount for this employee? O 28579.20 28779.50 030960.80 O 31160.80

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