Francesco's Furniture is a retail furniture store. Employees are classified according to job title for workers' compensation

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Francesco's Furniture is a retail furniture store. Employees are classified according to job title for workers' compensation insurance premium computation purposes.

a. Based on the following payroll estimates as of January 1, what is the estimated workers' compensation insurance premium for the year 20XX?

b. The actual payroll for 20XX is listed below. What is the workers' compensation premium based on the actual payroll?

c. What is the difference between the actual and the estimated premiums?

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Payroll Accounting 2017

ISBN: 978-1259572180

3rd edition

Authors: Jeanette Landin, Paulette Schirmer

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Question Posted: Nov 19, 2018 09:47 AM

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Francesco's Furniture is a retail furniture store. Employees are classified according to job title for workers' compensation

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a Employee Classification Rate per 100 of payroll Estim...View the full answer

Payroll Accounting 2017

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