Question: Onion plc operates a defined contribution plan for employees and have agreed to contribute 10% of employees' total remuneration into the plan each year. Total

Onion plc operates a defined contribution plan for employees and have agreed to contribute 10% of employees' total remuneration into the plan each year. Total salaries for the year ended 31 March 2021 amount to 15 million. The company also made bonus payments of 2 million during the year. Onion had already paid contributions of 0.5 million during the year. What is the outstanding payment in relation to contributions for the year ended 31 March 2021?

A. 1.2m

B. 1.0m

C. 1.7m

D. 0.5m

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