Question: From the following data estimate the annual premium for worker s
From the following data, estimate the annual premium for worker’s compensationinsurance:
Answer to relevant QuestionsFrom the following information, please complete the chart for gross earnings for the week. (Assume an overtime rate of time and a half over 40hours.)October Company employs five salaried employees. Your task isAssume the following:1. FICA OASDI is 6.2% on $106,800; FICA Medicare is 1.45% on all earnings.2. Each employee contributes $20 biweekly for medical insurance.3. ...Complete the followingtable:Complete thetable.The following is the monthly payroll for the last three months of the year for Smith’s Sporting Goods Shop, 2 Boat Road, Lynn, Massachusetts 01945. The shop is a sole proprietorship owned and operated by Bill Smith. The ...
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