Toni Prevosti wants to consider other benefits to attract employees. As the company’s accountant, you have been tasked with annotating employee earnings records with benefit elections for each employee. The following sheet contains details of employee choices. Benefit-related payroll deductions will take effect on the first pay period of March.

  

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Flex- Employee time Millen Yes Towle Long No Yes Child care assistance (under $5,000 annually) Yes No Yes ta ta ta FSA (annual) $ 500.00 $ 1,200.00 700.00 $ Educational assistance $4,000 annually No Yes Yes Life insurance (at 1% of annual salary value) Yes No Yes Long-term care insurance $15 per period No No No Gym membership $15.00 per month Yes Yes Yes Flex- Employee time Millen Yes Towle Long No Yes Child care assistance (under $5,000 annually) Yes No Yes ta ta ta FSA (annual) $ 500.00 $ 1,200.00 700.00 $ Educational assistance $4,000 annually No Yes Yes Life insurance (at 1% of annual salary value) Yes No Yes Long-term care insurance $15 per period No No No Gym membership $15.00 per month Yes Yes Yes

Answer rating: 100% (QA)

To complete the Employee Information Form for Charlie Long we need to calculate the cost per pay period for each benefit that Charlie has elected From ... View the full answer