Question: The worker classes shown in Table 3 will be used to construct the Real Estate Office in Appendix E . Given the following information, determine

The worker classes shown in Table 3 will be used to construct the Real Estate Office in Appendix E. Given the following information, determine the burdened hourly wage rate for each worker class. Assume the workers take full advantage of the retirement benefit.
Table 3
Worker Classes for Real Estate Office
Worker ClassHourly WagesWorkers Compensation InsuranceSuperintendentGeneral laborer16.558.42Cement mason21.6511.54Mason27.209.20Rough carpenter24.1710.66Finish carpenter28.246.95Roofer19.3512.21Plumber33.258.25HVAC installer43.508.45Electrician31.758.60Equipment operator21.256.25
Wage rateas per Table 3Hours worked40 hours per week for 50 weeksVacation, holidays, and sick leave80 hours per yearSocial security6.2 percent on the first of wagesMedicare1.45 percent of all wagesFUTA0.6 percent on the first of wagesSUTA1.25 percent on the first of wagesWorkers compensation insuranceas per Table 3General liability insurance1.05 percent of wagesHealth insurance (companys portion) per month per employeeRetirement per contributed by the employee on 6 percent of the employees wages

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