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 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
Worker Classes for Real Estate Office
Worker ClassHourly WagesWorkers Compensation InsuranceSuperintendentGeneral laborerCement masonMasonRough carpenterFinish carpenterRooferPlumberHVAC installerElectricianEquipment operator
Wage rateas per Table Hours worked hours per week for weeksVacation, holidays, and sick leave hours per yearSocial security percent on the first of wagesMedicare percent of all wagesFUTA percent on the first of wagesSUTA percent on the first of wagesWorkers compensation insuranceas per Table General liability insurance percent of wagesHealth insurance companys portion per month per employeeRetirement per contributed by the employee on percent of the employees wages
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
